Better Warren Buffett Stock: Amazon vs. RH
Warren Buffett's Berkshire Hathaway has long taken an interest in retail stocks and has often succeeded in the sector. One example is Costco, which he bought more than 20 years ago and sold last year for a massive gain.
Today, Buffett holds positions in retailers such as Amazon (NASDAQ: AMZN) and RH (NYSE: RH), formerly Restoration Hardware. Still, given the state of the companies and current conditions, only one of these Warren Buffett investments is likely to be more suitable for new buyers.
Amazon pioneered the e-commerce industry, eventually developing a reputation for "selling everything." However, with the development of Amazon Web Services (AWS), it also established the cloud computing industry, making this company a conglomerate.
Source Fool.com
