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Is It Time to Sell FANG?

The acronym FANG stands for Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google, which has been re-named Alphabet (GOOGL). It was originally coined by Jim Cramer.

Subsequently, the stock Apple (AAPL) was added to make FAANG. In this newsletter I’ve included Alibaba (BABA) as well, to make FAAANG. We had the space.

What makes these stocks important is they’re so big that their success is necessary for the market to continue higher. The nice thing is These companies are big juggernauts. Monopolistic in a way. So they can keep growing and growing.

Also, there are a lot of ETFs which invest in these stocks, and these ETFs have lots of money in them. So a decline in FANG would likely cause investors to sell, and possibly bring down the market.
Here’s my take on each of the FAAANG stocks.

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