Better Buy: Amazon vs. Peloton
Amazon (NASDAQ: AMZN) and Peloton Interactive (NASDAQ: PTON) are two of the hottest stocks on Wall Street. Both of them were hot even before the pandemic, but while COVID-19 has harmed many businesses, it's been a boon to both of these companies.
Amazon is the standard favorite, and Peloton is the new stock on the block. Let's take a look at what they have going for them and which one is better for your stock portfolio.
Many investors look for high-growth companies to fuel their portfolios. High growth comes with risk, but it also provides the opportunity for high gains. Shareholders who believed in Amazon from the time it was a humble online bookseller have seen their stock skyrocket. Those who are sticking with Peloton are looking for the same kind of returns.
Source Fool.com
