Better Buy: Amazon vs. Apple
Many companies have watched their share prices fall significantly as rises in inflation and interest rates have increasingly stunted consumer spending. As a result, the stock market has become a buyer's paradise for investors willing to hold for the long term.
Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) have both seen their stock prices plummet since January. These are some of the most valuable companies in the world, so prospective investors might be wondering which is the better buy. Let's take a look.
Amazon has come a long way since it started as an online book retailer in 1994. The company has grown into an e-commerce behemoth that has become the first place most of the world turns to for online shopping, and its Prime subscription service generates roughly $25.21 billion a year.
Source Fool.com
