Better Buy: Amazon vs Apple
Many investors may own Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) in their portfolios but may have a difficult time choosing which stock is a better buy right now. These are both dominant businesses in their respective industries with great growth prospects, so either stock would make a fine addition to a well-diversified portfolio.
But this is certain: One of these stocks will outperform the other over the next five years. Let's review the strengths and opportunities for these companies to determine which one that is likely to be.
Amazon generates $538 billion of annual revenue, with 17% of that total coming from its cloud services unit Amazon Web Services. It benefits from diverse revenue streams and a large customer base that is attracted to a wide selection of merchandise, streaming entertainment, and other services.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 106 Buy predictions and 8 Sell predictions.
As a result the target price of 209 € shows a slightly positive potential of 3.64% compared to the current price of 201.65 € for Apple Inc..
