Better Buy: Alphabet vs. Amazon
The FAANG stocks -- Facebook, Amazon (NASDAQ: AMZN), Apple, Netflix, and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) -- have now all reported second-quarter 2020 earnings. One fact is abundantly clear: A new era dominated by these tech giants is here, and it isn't going away anytime soon.
Barring the advice to just buy them all, which is the better buy right now? Amazon is a standout winner that -- even valued at over $1.5 trillion -- continues to find new ways to separate itself from the pack. The pandemic is driving a surge in e-commerce demand. Meanwhile, it could be argued that Google is the biggest loser compared to its tech titan peers, posting its first-ever quarterly revenue decline. Right at the moment, it's easy to argue Amazon is by far the better buy, but a few items bear consideration first.
Image source: Getty Images.
Source Fool.com
