Apple and Amazon Show Strong Growth and Momentum Due to Brand Strength and Increasing Profits

Apple's services business is growing fast and generates high profit margins, adding momentum to Apple's growth story. Brand strength gives Apple a competitive advantage.

Amazon cut costs and improved efficiency, leading to higher profits. Growth in e-commerce and cloud computing gives Amazon momentum. Brand and fulfillment network give Amazon a competitive edge.

Both Apple and Amazon have strong track records of earnings growth over the years.

Apple and Amazon trade at reasonable valuations considering growth prospects and competitive strengths.

Warren Buffett likes these stocks for their brands, competitive advantages, growth potential, and reasonable valuations.