Better Buy: Amazon vs. Disney
Invest in winners, because they keep on winning. That's a popular investing thesis, because over time great companies tend to produce great results. But when it comes to Amazon (NASDAQ: AMZN) and Disney (NYSE: DIS), two leaders in their respective industries, which is the better buy?
Amazon was under pressure to fulfill millions of orders with limited infrastructure during the pandemic. But Amazon isn't Amazon for nothing. The company rose to the occasion, hiring hundreds of thousands of workers, many of whom had lost their previous jobs while businesses collapsed during lockdown. Aside from a short period of time when it could only handle essentials orders, Amazon continued to deliver throughout the pandemic, racking up new customers and billions of dollars in sales over the past year.
The result was not surprising: In the last 12 months, Amazon's stock rose 62% despite being one of the largest companies in the world by market capitalization, versus the S&P 500's 35% gain over the same period. In short, the pandemic propelled Amazon to greater heights.
Source Fool.com
