(NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) have been quite successful at incorporating their products and services into the daily lives of billions of people around the world. Over the past few decades, these two tech giants have created things that move the world forward. And their stocks have created plenty of wealth for those smart enough to buy in.

For those investors considering getting in on either of these two stocks going forward, the question naturally arises as to which of these two FAANG stocks is the better investment right now. Let's evaluate them based on three important factors and see what conclusions can be reached.

An economic moat is a term that represents a trait (or traits) that help a company outperform its competitors in a particular industry. The presence of a moat raises the chances that a business will still be around and thriving well into the future. The bigger the moat, the more successful a company is likely to be long-term.

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Source Fool.com