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Pros debate picking one stock between Amazon and Alphabet

Pros debate picking one stock between Amazon and Alphabet

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Jefferies made the bold call of replacing Google parent company Alphabet Inc (NASDAQ: GOOGL) with Amazon.com Inc (NASDAQ: AMZN) in its Franchise Picks list on Wednesday. According to Jefferies, Amazon’s valuation currently stands at a 10% discount compared to its historical average versus Alphabet that is now at a 10% premium.

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