It’s easy to look at a company like this Amazon (NASDAQ: AMZN) or Apple (NASDAQ: AAPL) and let’s say it’s too late to invest or that these “big tech” companies are too big to beat the market. But that’s just not true. Sure, large companies tend to grow more slowly, but Amazon and Apple have outperformed S&P 500 in the past one, five and ten years.
In particular, Warren Buffett owns these two technology stocks, and he was certainly not an early investor in either of these. In fact, Buffett didn’t buy Apple or Amazon until 2016 and 2019, respectively. Here’s a valuable lesson: It’s usually worth owning stocks in large companies, no matter how big they’ve got, as they can get bigger and bigger. Here’s what investors should know about these two giants.
Amazon: The Retail Titan
Amazon is the second largest retailer in the world and the largest e-commerce marketplace in the US – but that has its …