Better Buy: Amazon Stock vs. Alphabet Stock
A stock market sell-off in 2022 led shares in Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to plunge between 40% and 50% since last January. Macroeconomic headwinds brought declines in the companies' respective industries, dragging their stocks down.
However, Amazon and Alphabet continue to have leading market shares in lucrative industries and have promising outlooks over the long term. Market declines have only made their stocks more attractive.
While both of these stocks are great picks to buy now and hold indefinitely, one is currently the better buy. Let's find out which one.
Source Fool.com