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Better Buy: Tencent vs. Apple

TheMotleyFool

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Last May, I compared Tencent (OTC: TCEHY) to Apple (NASDAQ: AAPL). I owned both stocks at the time, but I declared that Tencent's better diversification, lower exposure to the pandemic, and stronger growth rates all made it a more compelling buy than Apple.

But over the past 12 months, Tencent's stock advanced less than 40% as Apple's stock rallied nearly 60%. I also sold my position in Tencent earlier this year but held on to my shares of Apple.

Let's see why Apple outperformed Tencent, how several recent developments dampened my enthusiasm for the Chinese tech giant, and if Apple will remain the stronger investment over the next 12 months.

Source Fool.com

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