FAANG (🧛 not those fangs) refers to the top-performing US tech companies such as Facebook (now Meta), Amazon, Apple, Netflix and Google (Alphabet). Does that mean it is MAANA now? 🤭
The FAANG companies are also among the biggest in the world, a whopping cumulative market cap of $7 TRILLION as of 2021.
Some people think FAANG stocks are way overvalued, while others say their value is on point. These stocks are availabel to tradae, but are quite pricey.
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