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Better Buy: Netflix vs. Amazon

TheMotleyFool

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Better Buy: Netflix vs. Amazon: https://g.foolcdn.com/editorial/images/714278/woman-smartphone-dark-room.jpg

Shares of Netflix (NASDAQ: NFLX) and Amazon (NASDAQ: AMZN) skyrocketed to all-time highs in 2021 amid the buying frenzy in higher-growth tech stocks. But both stocks collapsed over the past year as rising interest rates drove investors toward more conservative investments.

Netflix's stock now trades nearly 60% below its all-time high of $691.69 from November 2021. Amazon's stock has also declined more than 50% since it closed at its historic high of $186.57 in July 2021. Should investors buy either of these fallen FAANG stocks as the bear market drags on? If both are viable, which is the better buy right now?

Image source: Getty Images.

Source Fool.com

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