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Trading Ideas

Why FAANG Stocks Are an Investing Powerhouse

Did you hear about FAANG stocks and wonder what they are? No, it’s not about investing in vampires, although that would be cool. Investing in FAANG stocks means taking a bite – sorry couldn’t resist – out of some of the very best companies on the market.
What are FAANG Stocks?
The acronym “FAANG” represents five of the leading American technology stocks on the market:

Facebook (Nasdaq: FB)
Amazon (Nasdaq: AMZN)
Apple (Nasdaq: AAPL)
Netflix (Nasdaq: NFLX)
Google (Nasdaq: GOOG)

In other words, the creme de la creme of social media, e-commerce, computer and phone hardware, streaming media, and internet search. These are all core areas of the …read more […]