We believe it is a smart investment to make quality FAANG stocks, despite stock market volatility caused by concerns about the supply chain crisis as well rising inflation. They are likely to provide steady long-term returns. Alphabet (NASDAQ) and Netflix(NASDAQ:), should both generate steady returns while avoiding short-term fluctuations in the market. What stock do you think is the best buy? Learn more. Alphabet Inc. (GOOGL), offers online advertising services. This company provides performance- and brand-advertising services. It is available through the Google Services and Google Cloud segments. In comparison, Netflix, Inc. (NFLX) provides entertainment services. The company offers documentaries, TV series and feature films in many genres and languages. It has approximately 204million members across 190 countries.

Even though global supply chain constraints and high inflation could mar the technology industry’s growth in the near term, FAANG stocks are again attracting attention after reporting strong third-quarter results. The Federal Reserve’s decision to keep benchmark interest rates unchanged should act as a growth catalyst. The technology sector’s growth should be driven by the increasing demand for high-tech products and services, as well as the rapid digital transformation of many businesses. GoRemotely estimates that by 2021, $5 trillion will be spent on the U.S. tech sector.

NFLX’s shares have gained 29.2% in price over the past three months, while GOOGL has returned 9.7%. However, GOOGL’s 44.4% gains over the past nine months are significantly higher than NFLX’s 21% returns. And GOOGL is the clear winner with 69.2% gains versus NFLX’s 23.6% returns in terms of year-to-date performance.

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