Amazon (NASDAQ: AMZN) and Home Depot (NYSE: HD) have very different businesses: Amazon’s profits come primarily from cloud computing, while Home Depot’s are from home improvement retail. But both are important consumer-focused businesses that are adapting to rapidly shifting business environments.
Here’s which stock is currently the better buy.
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Amazon is trying to keep pace with its tech rivals as they all incorporate artificial intelligence (AI) into their products and services, which is why the company recently rolled out the more advanced version of Alexa.
But Amazon isn’t stopping there. The company recently announced it’s doubling capital expenditures this year to $200 billion to invest in new AI data center…
https://finance.yahoo.com/news/better-stock-buy-now-amazon-145000843.html
