Better AI Stock to Buy Right Now: Amazon vs. Facebook

By Parkev Tatevosian, CFA – Jun 22, 2023 at 9:24AM

NASDAQ: AMZN

Amazon

Market Cap

$1,922B

Today's Change

(0.58%) $1.07

Current Price

$184.70

Price as of May 17, 2024, 4:00 p.m. ET

Each of these two companies is poised to benefit from the increasing effectiveness of artificial intelligence.

Fool.com contributor Parkev Tatevoisan discusses how Amazon (AMZN 0.58%) and Meta Platforms (META -0.28%) stand to benefit from artificial intelligence (AI) and then tells you which is the better stock to buy now.

*Stock prices used were the afternoon prices of June 19, 2023. The video was published on June 21, 2023.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com and Meta Platforms. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.