Better Buy: Amazon vs. Procter & Gamble
Both companies are winners in their own right. Amazon (NASDAQ: AMZN) is not only the premier name in the e-commerce arena, the coronavirus pandemic has been an opportunity for the company to flex its muscle. It'll come out of this time with a much bigger logistical/capacity footprint. Meanwhile, Procter & Gamble (NYSE: PG) was starting to connect with consumers in brand new ways -- including online -- even before COVID-19 took hold. The consumer staples giant capitalized in the stay-at-home movement nicely, reporting around 12% of last quarter's sales were done online. That's about twice the proportion of digital revenue P&G was driving a couple of years ago, with more such growth on the way.
If there's only room for one of these names in your investment portfolio right now, though, it has to be Amazon. Here's why.
Image source: Getty Images.
Source Fool.com
