AMZN Stock vs. GOOG Stock: Who Wins?
It wasn’t too long ago that InvestorPlace editor Jeff Reeves mused about whether AAPL stock would reach $1,000 before GOOG stock.
Jeff picked AAPL. In hindsight, we know Google crossed the line first. But a lot of media types came to the same conclusion as Jeff — that’s just the way things roll. In this industry, those of us who pontificate about stocks learn very early on that we’re not always going to be right. It comes with the territory.
With Apple temporarily pushed to the sidelines, the new tech fight seems to focus on whether AMZN stock or GOOG stock will win the race to tech stock immortality. If both manage to reach this seemingly unattainable target, they will do so in completely different ways. Neither plan is better … just different.
Thursday’s earnings results don’t change where each company is headed. At the end of the day I have to go with Jeff Bezos over Larry Page. AMZN stock wins the race against GOOG stock … if only by a nose.
As of this writing, Will Ashworth did not own a position in any of the aforementioned securities.