Better FAANG Stock Right Now: Alphabet or Netflix?
It's all over the news. Technology stocks are underwater -- the Nasdaq Composite index has plunged 29% year to date, and there's no end to the chaos in sight. Between high inflation, rising interest rates, and added turmoil from the war in Ukraine, many investors are now concerned that a recession is on the horizon.
The sentiment is so low that even the FAANG stocks -- an acronym used to describe five best-in-class U.S. tech companies -- have been struck hard. Two of them in particular, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Netflix (NASDAQ: NFLX), have caught my eye lately. With both companies' stock prices down significantly since the start of 2022, let's determine which one looks like the smarter investment today.
Image source: Getty Images.
Source Fool.com
