Have you ever invested in the stock of any company? What was the return you got after it? Did you expect a fall or rise before investing in any company? Well, these are some common doubts for an intending investor in the stock market. You can’t just invest or purchase the stocks of a company without looking at the past performance and also present performance. This is because a stock is entitled to the risk of falling down any second. An hour can completely destroy a company due to a heavy loss in the stock rates.
When we talk about the stock market, there are only two companies which come at the top. Apple and Amazon, because of the recent exceptional performance in the stock market, especially in this year. To be honest, these two big bulls have always performed in a great manner for the last five years
Apple is the biggest tech company in the world, misleading the stock market for years now. If you look at the rise of Amazon and Apple stock market, there are many similarities. This is because the rise of these two giants was time together. Currently, the Amazon stock price is near $3200 and stands end below Apple.
The rise of Amazon took place near 2006-2009. In the same way, Apple took the market by storm with its first iPhone. The question arises about the stocks of these two companies. Many investors do not like the stock price of Amazon, and many do not like to invest in tech companies. Therefore, in this article, we will take a deeper look at this topic.
What is the best option to invest in
We live in a world of competition, and the stock market is all about a company fling and another one rising. Talking about Apple, it is the leading stock market performing company in 2020. This is because the sale of Apple products took a rise when global pandemic occurred. People all over the world were looking for a new upgrade to the iPhone and Apple came with the 12 series.
In addition to that, Amazon was the unexpected winner during this global pandemic. This is because the function of Amazon requires human power and lack of human resources to cause huge losses for every company in the market. Apple’s stock took a rise of 58% in the year 2020, and it is currently the leading stock market performer. On the other hand, Amazon’s growth is almost 69% which is higher than Apple.
The current ranking is dominated by Apple, but Amazon is inching near Apple. You can invest in any of the companies because the analytic study is not useful in this. Both the companies are highly portable and will provide huge returns in the long term and the short term also.
You can check its balance sheet at https://www.webull.com/balance-sheet/nasdaq-amzn before investing in the stock of amazon.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.