Better Buy: Amazon vs. Netflix
Over the past year, the stock market has become increasingly difficult to navigate as even leading companies have watched their shares tumble amid macroeconomic headwinds. Consider Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX), for example. Despite having considerable market share in their respective industries, both companies have both seen their stocks plunge over 45% year to date.
Thanks to the stock market sell-off, some of the world's most valuable companies are essentially now on sale. Yet, with so many options, it might be challenging to determine the best buys. As market leaders, Amazon and Netflix make great options, so let's take a look at which might be the better buy.
Amazon has had a challenging year, to say the least, with its stock falling 48% since January. The COVID-19 pandemic and lockdowns prevalent throughout 2021 boosted earnings as droves of homebound consumers purchased necessities from its e-commerce service. However, revenue comparisons amid 2022's poor economic environment have wreaked havoc on the company's stock.
Source Fool.com
