
Why are FAANG stocks is popular?
FAANG is an acronym for the five largest companies in the technology sector of the US Stock Market. They are:
F - Facebook (FB)
A - Apple (AAPL)
A - Amazon (AMZN)
N - Netflix (NFLX)
G - Google (GOOG or GOOGL)
In addition to being household names due to the nature of the services they provide, the FAANG stocks will be familiar to most people due to their size and profitability. But, perhaps most importantly for us as traders and investors, they continue to have strong growth potential.
F - Facebook (FB)
A - Apple (AAPL)
A - Amazon (AMZN)
N - Netflix (NFLX)
G - Google (GOOG or GOOGL)
In addition to being household names due to the nature of the services they provide, the FAANG stocks will be familiar to most people due to their size and profitability. But, perhaps most importantly for us as traders and investors, they continue to have strong growth potential.
Oct 28, 2022 23:06