What Are FAANG Stocks?
The letters F-A-A-N-and-G are an acronym that stands for five of the most prominent U.S technology companies:
Facebook
Amazon
Apple
Netflix
and Google,
which trades under the name of its parent company – Alphabet
All trade on the Nasdaq exchange and make up a significant part of the S&P 500 index.
The FAANG companies are considered game-changers. They are among the largest companies in the world. Each is a leader in its own domain. They have a strong and recognizable brand and are well known by consumers around the world.
They have also significantly outperformed the broader market over the past decade, or in the case of Facebook since 2012 when it went public. They are still proving popular with Wall Street analysts and investors alike.
Anyone who wishes to invest in FAANG stock should conduct research, as past performance does not guarantee future results.
The TipRanks stock comparison tool gives you an easy way to compare FAANG stocks. You can see the analyst consensus and price targets of the top-performing analysts, as well as other valuable data, such as their price and Smart Score.
