Better New Nasdaq-100 Buy: Palantir vs. MicroStrategy
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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 MicroStrategy (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.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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