FANGS.......NOT THE VAMPIRE TYPE
So I read an article yesterday on Reuters that mentioned Fangs. I thought I'd write this to try and explain.
Fangs are the abbreviation for Facebook, Amazon, Netflix and Google. It s a strange combination but is probably the equivalent of the Marvel Agents of Shield. A team made up of experts in their field and put together unstoppable.
This year stocks in Fangs have provided strong returns so far and this is unlikely to change. However these stocks must continue to see significant events in order to stimulate further upside. In 2017 Facebook (FB) was up 33%, Amazon (AMZN) 34%, Netflix (NFLX) 33% and Google (GOOG) 26%
Each of these FANG stocks focus on technology and internet services and nearly all investment managers with over $100 million in assets revealed that most prominent hedge fund managers have FANGS in their portfolios.
The stocks were included by reputable funds like Berkshire, Soros, Renaissance and Citadel in the early part of 2017.
Recently FANGs have been compared to dotcom stocks and therefore linked to any potential future crash however as long as technological advancements continue to be made especially in Artificial Intelligence and Machine Learning then the upward momentum of these FANG stocks should continue to remain at the forefront of the growth stock industry.
Fangs are the abbreviation for Facebook, Amazon, Netflix and Google. It s a strange combination but is probably the equivalent of the Marvel Agents of Shield. A team made up of experts in their field and put together unstoppable.
This year stocks in Fangs have provided strong returns so far and this is unlikely to change. However these stocks must continue to see significant events in order to stimulate further upside. In 2017 Facebook (FB) was up 33%, Amazon (AMZN) 34%, Netflix (NFLX) 33% and Google (GOOG) 26%
Each of these FANG stocks focus on technology and internet services and nearly all investment managers with over $100 million in assets revealed that most prominent hedge fund managers have FANGS in their portfolios.
The stocks were included by reputable funds like Berkshire, Soros, Renaissance and Citadel in the early part of 2017.
Recently FANGs have been compared to dotcom stocks and therefore linked to any potential future crash however as long as technological advancements continue to be made especially in Artificial Intelligence and Machine Learning then the upward momentum of these FANG stocks should continue to remain at the forefront of the growth stock industry.
http://berkshirehathaway.com
http://www.georgesoros.com
@MichaelGabelli
http://www.reninv.com
https://www.citadel.com
@GabelliNews
@MarioGabelli
#Finance
#FANG
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