Better New Nasdaq-100 Buy: Palantir vs. MicroStrategy
The holidays have come early for a couple of this year's most-watched technology companies. I'm talking about Palantir Technologies (NASDAQ: PLTR) and (NASDAQ: MSTR), software players that have soared more than 300% and 500%, respectively, this year. The Nasdaq-100, an index of the top 100 nonfinancial stocks trading on the Nasdaq Stock Market, invited the two companies to join as of Dec. 23.
That's fantastic news for Palantir and MicroStrategy and their investors for a couple of reasons. First, funds that track the Nasdaq-100 have to buy shares of these companies so they can continue accurately tracking the index. Second, inclusion may be seen as a sign that these companies have made it into an elite group -- and that may boost investors' confidence in them.
So, you might be thinking of buying one of these technology stocks in the days leading up to their Nasdaq-100 entrance. Which makes the better buy? Let's find out.
Source Fool.com
Microstrateg.a New Stock
With 59 Buy predictions and 2 Sell predictions Microstrateg.a New is one of the favorites of our community.
With a target price of 226 € there is potential for a 174.11% increase which would mean more than doubling the current price of 82.45 € for Microstrateg.a New.
