Better Buy: Amazon vs. Hasbro
Looking for toys and entertainment? You'll find both at Amazon.com (NASDAQ: AMZN) and Hasbro (NASDAQ: HAS). But that may be where the similarity ends. The fortunes of both companies were much different in the first half of the year due to the coronavirus pandemic.
Amazon benefited from consumers' need for essentials and the fact that many opted for online shopping. As a result, Amazon's shares climbed nearly 50% in the first half. At the same time, Hasbro's stock fell about 30% as investors anticipated trouble from store closures and delayed product releases. Hasbro's first-quarter earnings weren't catastrophic, considering the outbreak situation, but the period ended prior to the peak of the crisis.
Now, as Amazon continues on its successful path and Hasbro recovers, which stock represents the better buy? Let's take a closer look.
Source Fool.com
