Best Stock to Buy Right Now: Amazon vs. Apple

From Nasdaq: 2024-05-11 04:20:00

Earnings season started last month, causing market fluctuations. Amazon and Apple’s shares rose 8% and 5% post-earnings respectively, making them attractive long term investments. Amazon’s Q1 report showed 13% revenue growth, driven by ad sales and cloud services. Apple faces iPhone sales decline, but its strong services segment and $110 billion stock buyback signal a promising future. Amazon is the better stock to buy due to its diverse business model and lower price-to-sales ratio. Consider investing in Amazon as it continues to outperform and grow.



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