Better Buy: Amazon vs. Alibaba Stock
Amazon (NASDAQ: AMZN) and (NYSE: BABA) stand as the world's two largest e-commerce companies. Each company also stands as the largest provider of cloud infrastructure services in the core markets in which it operates.
Even though the two online retail and cloud computing giants share some key similarities, performance for their respective stocks has been starkly different in 2023. While Amazon stock has soared roughly 72% year to date, Alibaba's share price is roughly flat across the stretch.
Will investors score better returns by putting their money behind the red-hot Amazon or the more conservatively valued Alibaba? Read on to see why two Motley Fool contributors have opposite takes on which stock is the better buy right now.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
The stock is one of the favorites of our community with 49 Buy predictions and 2 Sell predictions.
With a target price of 104 € there is a hugely positive potential of 51.16% for Alibaba Group Holding Ltd ADR compared to the current price of 68.8 €.
