Which Tech Stock Is a Better Buy After the Coronavirus Sell-Off: Facebook or Amazon?
The past five weeks have been particularly brutal for investors, and many of the biggest technology stocks weren't spared from the unprecedented market volatility resulting from the COVID-19 coronavirus outbreak. There's even a growing sense that a recession is inevitable, given the number of schools and businesses that have shut down. Consumers -- who drive the majority of economic activity -- are increasingly forced to shelter in place, with no end in sight.
Yet, e-commerce giant Amazon.com (NASDAQ: AMZN) and social media titan Facebook (NASDAQ: FB) have become lifelines to consumers in their own separate ways: Amazon is a critical pipeline for necessary household items, while Facebook helps keep people connected with families and friends near and far.
Both companies are more attractively priced than when the market descent began, but in the face of growing economic uncertainty, which is a better buy?
Source Fool.com
