Sunday, July 28, 2019

FAANG

FAANG: Facebook, Amazon, Apple, Netflix and Google, a further extension of FANG (which originally did not include Apple), both an acronym and a buzzword, was coined  by Jim Cramer of CNBC's Mad Money,  describes the tech titans of our time.

  • Facebook (FB), Amazon.com (AMZN), Apple (AAPL), Netflix (NFLX), and Alphabet, formerly Google (GOOGL).

Facebook and Google alone capture the lion's share of all global online advertising, including in the fast-growing mobile format, while Amazon dominates e-commerce and cloud services with its Amazon Web Services business.

And although Netflix is facing increasing competition from Hulu and fellow FAANG stocks — particularly Amazon and YouTube owner Google — its original programming and massive global expansion have cemented its leadership in the streaming industry.

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