5 ms·

Probably because of FANG association. FANG = Facebook, Amazon, Netflix, Google

• tolbish 6y ago
  I find it strange that Netflix is associated with them considering the breadth of subdivisions and acquisitions that Google, Facebook, and Amazon have.
  • icelancer 6y ago
    Netflix pays exceptionally well, even in that group of companies.
  • fotta 6y ago
    FANG was originally a Jim Cramer thing [0, 1] about very high-growth tech stocks that somehow evolved into being about the big, high paying tech companies. The original didn't even have Apple but people started using FAANG to include it. [0] https://www.cnbc.com/id/100436754 https://www.cnbc.com/id/100436754 [1] https://www.investopedia.com/terms/f/fang-stocks-fb-amzn.asp https://www.investopedia.com/terms/f/fang-stocks-fb-amzn.asp
    • woobar 6y ago
      Fun fact: if you have listened to Cramer and invested $10K in each of these stocks on 02/06/2013 you would be at $441K right now (+1011%)
  • dekhn 6y ago
    It's really FAAMG.
• LordAtlas 6y ago
  Isn't there another "A" in there for "Apple"?
  • asdff 6y ago
    Arguably you could include a third for alibaba
  • minhazm 6y ago
    FANG was just a term coined by Jim Cramer for high growth tech stocks. Apple wasn't included at that point. People have re-purposed it to mean big tech companies that pay a lot and modified the acronym.
• jimbokun 6y ago
  And the acronym is less pleasant if you leave out the "N".