Better Buy: Amazon vs. Microsoft
Shares of Amazon.com (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) have outperformed the broader market significantly since the beginning of the year. Consumers and businesses are relying on these companies' services more than ever, as more people work from home.
Amazon has been hiring tens of thousands of employees to help meet the demand for grocery delivery and other everyday essentials. The stock is currently up 28% over the last three months.
On the other side, many businesses have made great use of Microsoft Teams over the last month to coordinate with employees during the stay-at-home mandates. Microsoft is in a solid position in the short term with its range of digital tools to help people remain productive, including Microsoft 365 (Skype and Office 365), Dynamics 365, and Teams. The shares are currently up a few percent over the last three months, despite the broader market below water year to date.
Source Fool.com
