Best Stock to Buy Right Now: Apple vs. Amazon
Earnings season has arrived, providing fresh batches of figures to consider when expanding your portfolio.
Two of the major companies releasing results last week were (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). Both have built immense brand loyalty with consumers and boast powerful positions in retail. Apple has almost unrivaled supremacy in consumer tech products. Amazon has similar dominance in e-commerce and the cloud market.
Since 2019, Apple has soared by 349% and Amazon by 96%. While past growth is no guarantee of what's to come, these companies have solid long-term outlooks as they continue to expand in their respective industries. Meanwhile, Apple and Amazon both beat Wall Street forecasts for earnings per share and revenue in their most recent quarters.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 105 Buy predictions and 9 Sell predictions.
As a result the target price of 209 € shows a slightly positive potential of 3.36% compared to the current price of 202.2 € for Apple Inc..
