Better Buy: Amazon vs. Apple
Earnings season is in full swing, with many of the world's valuable companies experiencing major stock fluctuations over the last week. Amazon (NASDAQ: AMZN) and (NASDAQ: AAPL) are two of the biggest companies to report quarterly results in August.
Amazon enjoyed a glowing quarter, with many of its segments experiencing solid growth. Meanwhile, macroeconomic headwinds led to declining product sales for Apple.
However, both companies have strong long-term outlooks thanks to expanding positions in lucrative markets such as artificial intelligence (AI), cloud computing, and virtual/augmented reality. As a result, it's not a bad idea to consider adding one of these tech stocks to your portfolio before it's too late.
Source Fool.com
Apple Inc. Stock
€199.20
-0.020%
Currently there is a rather positive sentiment for Apple Inc. with 150 Buy predictions and 17 Sell predictions.
With a target price of 224 € there is a slightly positive potential of 12.45% for Apple Inc. compared to the current price of 199.2 €.
