Better Buy: Amazon vs. Lululemon
Most retail stocks suffered during the coronavirus crisis as physical stores closed and shoppers stayed home. Amazon (NASDAQ: AMZN) and lululemon athletica (NASDAQ: LULU) fared better than most. Amazon saw demand soar, driven by essential goods. And Lululemon's online sales took off.
As a result, investors have favored the shares. Through Tuesday's close, Amazon has climbed 71% this year, while Lululemon has increased 36%. And both are trading close to their record highs. These companies' track record of growth and their ability to navigate the health crisis mean I'm willing to buy shares of both at this level. But right now, my task is to choose one. Let's take a closer look before making any decisions.
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Source Fool.com
