Better Buy: AT&T vs. Amazon
AT (NYSE: T) and Amazon (NASDAQ: AMZN) are both often considered stable long-term investments. AT is one of the largest telecom companies in the United States, and it has paid continuous dividends for nearly four decades. Amazon is the world's largest e-commerce and cloud infrastructure platform company.
But AT's stock slumped 15% over the past 12 months while Amazon's shares rallied more than 20%. While AT's investors fretted over its weaker-than-expected free cash flow (FCF) growth, Amazon's investors finally started to look beyond the near-term macroeconomic headwinds.
Will Amazon stay ahead of AT throughout the rest of the year?
Source Fool.com