Both Netflix (NASDAQ: NFLX) and Amazon (NASDAQ: AMZN) are fantastic companies with bright futures. They've already created a ton of wealth for investors, and both have tons of growth left in their tanks. If you own one of them but not the other, go ahead and fix that error right now. Those who own neither should really pick up both. The only way not to win is not to play, if I may paraphrase WarGames.

That said, there are some significant differences between the two FAANG companies. You may very well have a reason to prefer one over the other.

Image source: Getty Images.

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Source Fool.com