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Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Better Buy: Amazon vs. Home Depot

Parkev Tatevosian, The Motley Fool
·4 min read
Better Buy: Amazon vs. Home Depot

While many businesses have had to shut down as a result of COVID-19, Amazon.com (NASDAQ: AMZN) and Home Depot (NYSE: HD) have had the opportunity to stay open. In the release from the most recent quarterly results, CEO Jeff Bezos said, "From online shopping to [Amazon Web Services] to Prime Video and Fire TV, the current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we've ever faced." The pandemic has pushed people to shift more of their shopping to Amazon, and some of these customers will stick around even after the health crisis has run its course.

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