Better Growth Stock: Palantir Technologies vs. Netflix
Palantir Technologies has arguably been one of Wall Street's top growth stocks in the past couple of years. Since January 2023, its share price has climbed by more than 1,700%. It would be easy to view the company's past returns as a scoreboard, see Palantir's eye-popping performance, and stop there. And frankly, the company likely has a long runway for growth ahead of it as its artificial intelligence (AI) software helps its government and business clients transform their operations.
That recent run of explosive investment returns and Palantir's AI positioning are exciting. By contrast, it's getting harder for (NASDAQ: NFLX) to excite anyone. Sure, the company pioneered streaming video -- but that was years ago.
Yet both can illustrate the problems that result when a stock gets too much hype and attention. I dove into both companies to determine which would be the superior growth stock to hold moving forward. It wasn't as close a contest as I'd hoped, but the winner might surprise you.
Source Fool.com
Netflix Inc. Stock
The stock is one of the favorites of our community with 123 Buy predictions and 2 Sell predictions.
With a target price of 112 € there is a positive potential of 36.6% for Netflix Inc. compared to the current price of 81.99 €.
