Amazon (NASDAQ: AMZN) and Activision Blizzard (NASDAQ: ATVI) both benefited from the home economy in different ways. Consumers turned to Amazon for everything from toilet paper to streaming content, while Activision’s games provided entertainment and social interaction during an isolating time.
Unsurprisingly, prices for both stocks did well over the past year. Amazon rose 53% and Activision rose 62%. But which is the better buy today?
Amazon is one of the largest and most valuable brands in the world. The online marketplace is the most visited website on the internet. And according to eMarketer, the company now enables a staggering 39% of digital commerce in the US, well ahead of second place Walmart with 5.8%. And while Walmart is still the world’s largest retailer, Amazon is getting closer to that title as well.
If there is a dark spot in …