Amazon and Alphabet Just Crushed Expectations. Which Is the Better Buy Now?

The article compares Amazon and Alphabet after both reported strong quarterly results, with a focus on which stock offers the better investment opportunity now. Alphabet posted faster revenue growth overall, helped by 82% cloud growth, while Amazon’s AWS growth accelerated 37% and AWS accounted for 60% of Amazon’s operating profits in Q2. The author argues operating income growth matters more than revenue, giving Amazon the edge because its profits are growing faster. Valuation is described as roughly similar, with Amazon only slightly more expensive on a price-to-operating-profit basis. Overall, the piece concludes both stocks could outperform the market, but Amazon is the marginally better buy due to stronger profit growth and AWS-driven operating leverage.