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Buy AMZN or NFLX stock?
I'm trying to decide which stock to buy. Amazon has recently taken over Macy's as the #1 seller of apparel, and is doing very well for itself in selling many other items. Netflix, also, with its recent split, the stock price is still going up. i only want to get one or the other. Not both. This would be for long term. Which one do you think I should get? Why?
2 Answers
- rarguileLv 66 years agoFavorite Answer
AMZN - because it has a lower price/sales ratio. Neither is very profitable yet because they are investing heavily in growth but AMZN has the larger sales volume per share so you'd expect that it had a better chance of making a profit from that - it has a significant business in Cloud services too!
- SailorDumbLv 66 years ago
thanks, I could see why amzn is doing well...don't know why nflx is though. What do they have going for them except for tv shows/movies? I did not know amzn had cloud. Too bad they both went up today.