Twilio (NYSE: TWLO) and Palantir (NYSE: PLTR) were both beloved growth stocks in 2021, but they lost their luster this year as inflation, rising interest rates, and the Russo-Ukrainian war caused investors to scramble toward more conservative investments.
Twilio's stock hit an all-time high of $443.49 last February, but the stock now trades in the $120s. Palantir's stock reached an all-time high of $39 last January, but it's currently worth just over $10 per share. Should investors consider buying either beaten-down stock right now?
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Better Growth Stock: Twilio vs. Palantir