Facebook, Amazon, Apple, Netflix and Google are popularly known as FAANG stocks. These are all US tech giants listed on the US market and part of the Nasdaq index.
The acronym has changed now as companies have changed their names. FAANG used to be an acronym for the top performing technology companies in the US - Meta (formerly known as Facebook), Amazon, Apple, Netflix, and Alphabet (formerly known as Google).
FAANG stocks have a huge impact on technology stocks across the globe. For instance, if they paint a rosy picture and show good prospects, technology stocks across the globe will do well. The vice versa is also true.
All the FAANG stocks have grown their market share over the years which has resulted in astronomical gains for investors over last decade.
These companies witnessed the maximum surge in their revenue and operating income even in a difficult time like Covid.
The advantage for FAANG stocks lies in the term ‘network effect’. This means, as these companies grow and attract users, they become more beneficial to customers. This in turn makes them more popular and they attract even more users.
Originally, there were only four stocks in the group and the acronym was ‘FANG stocks’. They were all internet companies, but the later inclusion of Apple made ‘FAANG’ a broader group of technology stocks.
Interested in finding such stocks in India? Check out India’s big tech stocks which could be India’s FAANG stock
Dec 17, 2022
Stock splits have been a rage in 2022 with the world's most valuable companies such as Amazon, Alphabet or Tesla announcing massive splits. Will India's highest priced companies do the same with their stocks in 2023?
Sep 21, 2022
The trend of BNPL is so lucrative and fast growing that even large entities, remotely connected to offering credit, are taking to it.
May 31, 2022
Insights into the recent developments surrounding Vodafone Idea-Amazon investment.
Apr 22, 2022
First Facebook, then Netflix. What's going wrong in tech investing?
Apr 12, 2022
The blueprint to get lucky in stock markets.
Mar 19, 2022
Buy-Now-Pay-Later (BNPL) is hot - and that makes it increasingly controversial.
Feb 15, 2022
If you want to invest in the future Amazon, you need to evolve from being a conventional analyst to having a VC (venture capitalist) like approach.
Jan 22, 2022
Metaverse could be to this decade what internet was to last decades.
Nov 17, 2021
These are the 3 types of stocks that you should not sell in a market crash.
Sep 18, 2021
Despite near term challenges, Dmart shares have stayed resilient and scaled new highs. Read on to know why...
Oct 28, 2022
FAANG is falling and Nasdaq corrects over 4% in the last couple of days.
Jul 28, 2022
Metaverse could be the next big theme in investing. Are you ready?
Apr 29, 2022
Indian IT companies have remained at the forefront of the IT boom and rewarded investors.
Apr 19, 2022
The virtual world offers opportunities to make real and lasting wealth.
Mar 22, 2022
The virtual world offers opportunities to make real and lasting wealth.
Mar 10, 2022
5 sectors could be part of megatrends leading to many wealth creation opportunities.
Jan 26, 2022
A few tech incumbents are all set to become very attractive to investors.
Jan 7, 2022
Modern wars are fought with semiconductors. India's best semiconductor stocks have big tailwinds from defence and manufacturing.
Sep 24, 2021
Now that India is modernising its agriculture sector, the futuristic agritech industry holds immense promise.
Jul 29, 2021
The epicentre of a tech-bubble led market crash in 2021 is closer than you think.