The title of best tech stock was once held by Apple (AAPL) — hands down. But the days of sheer dominance for AAPL appear to be over, while Amazon (AMZN) and Google (GOOG) have become the two names to beat.
And make no mistake … technology is once again proverbially “where it’s at,” and Google and Amazon are leading that charge. GOOG stock up 48% for the year so far, while AMZN is up 50% since the end of 2012.
Heck, AMZN and GOOG are each up a whopping 19% just since the end of September. That’s about as much as any short-term trader or a long-term investor could hope for.
Still, the question remains whether GOOG or AMZN is the best tech stock to buy heading into the new year.
With that in mind, let’s take a look at what each of these tech titans has to offer — and which of the stocks steals the top-investment crown.