AMZN Amazon or AAPL Apple Which Is A Better Buy?

Apple stock AAPL was in news this week when it fell in after hour trading. There was a lot of speculation whether AAPL was still a good bargain or not. Amazon shares AMZN however traded at 10% higher on Friday before the close of this week. Amazon Web Services (AWS) more specifically its cloud business reported a rise of 81% in revenue this quarter.

Still, AWS made up only about 8 percent of Amazon’s revenue.

Spencer added, though, that Apple still has tremendous upside. The tech giant’s shares have barely climbed since Wednesday morning following its earnings after the bell on Tuesday.

Apple disappointed investors by only slightly beating earnings estimates but still posted $49.6 billion in revenue. Spencer called the number “extremely impressive.”