4 ms·
Interesting they didn't include Netflix. Morgan Stanley talks about the FANG stocks, meaning FB, Apple, Netflix, and Google, and I usually take issue with that
by jmsdnns 11y ago
Interesting they didn't include Netflix. Morgan Stanley talks about the FANG stocks, meaning FB, Apple, Netflix, and Google, and I usually take issue with that for not including Amazon.
- AznHisoka 11y agoI don't consider them tech. The article even says "Netflix hosts their movies on Amazon".
- jmsdnns 11y agoI think you're right. I was thinking in terms of stocks and not raw tech. Thanks.
- mywittyname 11y agoYes, Netflix has pivoted themselves as a content company, a la HBO. Then again, the line for "tech company" is beginning to blur, since every company is so heavily reliant on technology.
- Silhouette 11y agoNetflix is an interesting study in this respect, because they demonstrate both the immense potential if you control a dominant tech platform, and how at the same time relying on platform ownership can become your Achilles heel because you're ultimately just a middle man. With the likes of HBO launching their own services to distribute their own original content, they have relatively little need for Netflix. Netflix, on the other hand, is nothing without good content, and in the face of declining third party content it has little choice but to move into creating its own to remain relevant. And then suddenly it's "just another" content producer, instead of "the" platform.
- runako 11y agoFANG (as indicated by Morgan Stanley) is FB, Amazon, Netflix, and Google: http://blogs.barrons.com/techtraderdaily/2015/12/22/still-a-f-a-n-g-year-in-16-says-morgan-stanley-maybe-qualcomm-apple/ http://blogs.barrons.com/techtraderdaily/2015/12/22/still-a-...
- jmsdnns 11y agobaaaah you're right. i misremembered wondering why apple wasn't in the group.
- bgilroy26 11y agoThe FANG businesses seem more server/networking intensive than Apple's does. I have a very 'armchair' perspective, but when I think about Apple and networking I think about iMessage and iCloud photo storage and that's it
- metaphorm 11y agoApple is a hardware company, basically. The 4 companies in that grouping are all internet companies.
- runako 11y agoFANG is for growth stocks; AAPL is not considered by Wall Street to be a growth stock. On the contrary, the prevailing view seems to be that Apple is on the verge of collapse.
- jmsdnns 11y agoLooks like AAPL is #8 on the WSJ short list: http://online.wsj.com/mdc/public/page/2_3062-nasdaqshort-highlites.html http://online.wsj.com/mdc/public/page/2_3062-nasdaqshort-hig... Netflix is there too, tho... Maybe some folks are betting the international thing won't work. hmm.
- runako 11y agoBiggest # of shares short is not all that useful IMHO. As % of float is probably a better sort for a short list: http://online.wsj.com/mdc/public/page/2_3062-nasdaqshort-highlites.html#shortF http://online.wsj.com/mdc/public/page/2_3062-nasdaqshort-hig...
- rhino369 11y agoNetflixes current trejectory is to become another (or maybe a morne ubiquitous) HBO. I think in ten years it might just be one of many tv on the Internet "channels".