Java 8 – Best way to transform a list: map or foreach?

I have a list myListToParse where I want to filter the elements and apply a method on each element, and add the result in another list myFinalList.

With Java 8 I noticed that I can do it in 2 different ways. I would like to know the more efficient way between them and understand why one way is better than the other one.

I’m open for any suggestion about a third way.

Method 1:

myFinalList = new ArrayList<>();
myListToParse.stream()
        .filter(elt -> elt != null)
        .forEach(elt -> myFinalList.add(doSomething(elt)));

Method 2:

myFinalList = myListToParse.stream()
        .filter(elt -> elt != null)
        .map(elt -> doSomething(elt))
        .collect(Collectors.toList());