CandleFocus Glossary Editor
The FAANG stocks have been the major driver of the recent technology bull market, with gains for all five stocks at least double that of the S&P 500 in 2020. As of August 2020 the FAANG stocks accounted for almost 25% of the S&P 500.
For investors, these stocks offer tremendous potential. All five of the FAANG stocks are ranked in the top 15 stocks in the S&P 500 with Amazon, Apple and Alphabet in the top ten. With their massive consumer user bases, they are now poised to gain even more market share in their respective industries as consumer adoption of technology continues.
Meta (formerly known as Facebook) is the most valuable among the FAANG companies and is currently valued at more than 1.6 trillion dollars. It is an American technology company that provides services such as social networking and photo-sharing websites, as well as messaging and advertising services. It boasts an impressive user base of over 2.7 billion users.
Next is Amazon, the world’s leading online retailer. It is currently valued at 1.3 trillion dollars and offers products and services like online shopping, cloud computing, and video streaming. Amazon had over 300 million customers and generated revenues of $280 billion in 2019.
Apple is the world’s leading technology company and is valued at 1.2 trillion dollars. It offers products such as iPhones, iPads, Macs, Apple Watches, Apple TV and iTunes. In 2019, Apple generated revenues of over $260 billion and has over 1 billion customers.
Netflix is the leading streaming service in the world and is valued at over 200 billion dollars. It offers movies, TV shows and documentaries to over 158 million subscribers and had revenue of over 20 billion dollars in 2019.
Alphabet (formerly known as Google) is the parent company of Google, YouTube and other services and is valued at 1.6 trillion dollars. It provides internet-related services and products such as digital advertising and Android devices. In 2019, Alphabet reported revenues of over 160 billion dollars and has more than 1.5 billion users.
In sum, the five FAANG stocks are some of the most valuable and powerful companies in the world. They offer investors the potential for immense gains, however, there is also the risk of a potential bubble. Those looking to invest in these stocks should consider their long-term potential and potential risks.
For investors, these stocks offer tremendous potential. All five of the FAANG stocks are ranked in the top 15 stocks in the S&P 500 with Amazon, Apple and Alphabet in the top ten. With their massive consumer user bases, they are now poised to gain even more market share in their respective industries as consumer adoption of technology continues.
Meta (formerly known as Facebook) is the most valuable among the FAANG companies and is currently valued at more than 1.6 trillion dollars. It is an American technology company that provides services such as social networking and photo-sharing websites, as well as messaging and advertising services. It boasts an impressive user base of over 2.7 billion users.
Next is Amazon, the world’s leading online retailer. It is currently valued at 1.3 trillion dollars and offers products and services like online shopping, cloud computing, and video streaming. Amazon had over 300 million customers and generated revenues of $280 billion in 2019.
Apple is the world’s leading technology company and is valued at 1.2 trillion dollars. It offers products such as iPhones, iPads, Macs, Apple Watches, Apple TV and iTunes. In 2019, Apple generated revenues of over $260 billion and has over 1 billion customers.
Netflix is the leading streaming service in the world and is valued at over 200 billion dollars. It offers movies, TV shows and documentaries to over 158 million subscribers and had revenue of over 20 billion dollars in 2019.
Alphabet (formerly known as Google) is the parent company of Google, YouTube and other services and is valued at 1.6 trillion dollars. It provides internet-related services and products such as digital advertising and Android devices. In 2019, Alphabet reported revenues of over 160 billion dollars and has more than 1.5 billion users.
In sum, the five FAANG stocks are some of the most valuable and powerful companies in the world. They offer investors the potential for immense gains, however, there is also the risk of a potential bubble. Those looking to invest in these stocks should consider their long-term potential and potential risks.