Better Buy: Amazon vs. Peloton
Amazon (NASDAQ: AMZN) and Peloton (NASDAQ: PTON) have both generated impressive growth throughout the pandemic.
Amazon's e-commerce sales surged as people ordered more products online, and increased online activity drove the continued growth of its cloud infrastructure business. Peloton's sales of connected exercise bikes, along with their tethered subscriptions, soared as gyms closed down.
Amazon's stock has risen more than 60% over the past 12 months, but Peloton's stock has surged more than 300%. But can Peloton continue to generate bigger gains than Amazon as the pandemic passes and higher bond yields spark a retreat from pricier growth stocks?
Source Fool.com
