What are FAANG Stocks: The FAANG acronym is a variation of FANG, which was coined by CNBC television’s Mad Money host, Jim Cramer. FANG originally stood for the stock ticker symbols of a handful of the largest and best-performing tech stocks at the time: FB (Facebook), AMZN (Amazon), NFLX (Netflix), and GOOG (Alphabet). AAPL (Apple) was later added on (it’s unclear why it was excluded in the first place) to coin the new acronym, FAANG.
Category: Informal grouping of stocks
How is FAANG Used: FAANG has been used to describe a group of high-flying technology growth stocks and market bellwethers that have garnered exceptionally strong interest from investors and the media alike. When the term was first coined, these stocks were among the most popular investment vehicles for both institutional and individual investors. The popularity of these stocks has continued to remain high, but has since waxed and waned.
IMPORTANT: TheTechnicals.com makes the information on this website available as a service to be used for informational purposes only. While we have tried to provide accurate and timely information, and have relied on sources we believe to be reliable, the site may include inadvertent technical or factual inaccuracies or omissions. We do not warrant the accuracy or completeness of the materials provided.
Neither TheTechnicals.com nor any of its affiliates, directors, officers or employees, will be liable or have any responsibility for any loss or damage that you may incur in the event of any failure or interruptions of this site, or the data contained in it, or from any other cause relating to your access to, inability to access, or use of this site or these materials.