Amazon or Apple: Which Is the Better Stock After Earnings?

Is either ready to trudge back toward a $1 trillion valuation?
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After a big week of earnings The Street got Wall Street's biggest bull on both Apple (AAPL) - Get Report and Amazon (AMZN) - Get Report in the building to explain why both comapnies have a lot of green ahead.

Tom Forte, Managing Director, Senior Research Analyst for Consumer Technology at D.A. Davidson, thinks both stocks will appreciate substantially in 2019. 

His 18 month price target for Amazon sits at $2450 for Amazon, suggesting an over 30% upside, and has assigned a $245 price target to Apple which would call for a similar surge.

However, he was happy to select Apple as the stock that should be the apple of investors' eyes, over Amazon, in 2019.

"If you look at the variance in expectations versus where the stock is trading, Apple will be [the best investment].," he explained. "The beauty of Apple is that the expectations are very low."

He added that the profit engines of Amazon are conversely held to an extremely high standard.

For more on his outlook for the two names that once touted trillion dollar valuations, and in his view could again soon, check out the full interview above.

For more analysis and trading strategies on both stocks that have been Jim Cramer's Stock of the Day this week, head over to Real Money.

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