Better Buy: Netflix vs. Amazon
Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) have produced huge stock gains for years, and 2020 has been no exception. The online retail behemoth is up by 76% year to date, and the video streaming leader is up by 52%. For comparison, the S&P 500's total return (including dividends) through Nov. 4 was 8.2%.
It would be easy to attribute the tech companies' gains to the impact of the COVID-19 pandemic. After all, when people were sheltering at home, they were delivering valuable services for a shaken world. But that explanation sells them short. Both disrupted their industries long before 2020 disrupted lives, and they were well-positioned because of years of innovation guided by their founder leaders.
Netflix and Amazon have produced strong gains for investors for years. Image source: Getty Images.
Source Fool.com
