Better Buy: Amazon vs. Apple
Amazon (NASDAQ: AMZN) and (NASDAQ: AAPL) are two of the biggest names in commerce, with one dominating online shopping and the other having a similar command of consumer electronics. Their success has earned them spots in the world's top-five most valuable companies by market capitalization, yet they're still potentially lucrative growth stocks.
In 2023, shares in Amazon and Apple have climbed 63% and 45%, respectively, thanks to easing inflation and excitement over certain tech markets like artificial intelligence (AI). However, it's not too late to profit from the long-term potential of these companies, with both active in multiple high-growth industries.
Let's assess whether Amazon to Apple stock is currently the better buy now.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 77 Buy predictions and 6 Sell predictions.
As a result the target price of 200 € shows a slightly positive potential of 12.89% compared to the current price of 177.16 € for Apple Inc..