Better Buy: Amazon vs. Lululemon
When comparing two companies and labeling one as old and established vs. new and disruptive, it feels strange to suggest that Amazon (NASDAQ: AMZN) is the former. But next to the young and dynamic lululemon athletica (NASDAQ: LULU), it seems to be most accurate to position the king of e-commerce in the slot of the leading, powerful giant, and to label Lululemon as the upstart that's making waves in retail.
Both are growing companies whose stocks have seen fantastic gains in recent years. But which one is the better buy today?
Amazon has unquestionably benefitted during the coronavirus pandemic as new and returning customers have turned to the trusted source for online shopping to purchase items and materials they couldn't access safely and/or conveniently in other ways. In its most recently reported quarter (Q3, which ended Sept. 30), Amazon's sales increased 37% year over year. Earlier in the year, demand for essential products was so intense that at one point the company put the sale of some non-essential items on hold so as to manage the surge in deliveries.
Source Fool.com
