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Because then it would be FAANMG or FAANGM which doesn't sound as cool. The original acronym was a Jim Cramer-ism for "high-flying tech stocks" and started befo
by sgerenser 6y ago
Because then it would be FAANMG or FAANGM which doesn't sound as cool.
The original acronym was a Jim Cramer-ism for "high-flying tech stocks" and started before Microsoft was really starting its comeback. It didn't have any direct relation to market cap or dominance, just how quickly the stocks were rising and how much positive investor sentiment there was around the stocks.
- mastrsushi 6y agoEven in its comeback, Microsoft's recent success seems to be developer oriented (Azure, VSCode, Typescript). They've certainly reemerged strongly and good for them, but FAANG (or whatever the fuck) seems to be leading consumer brands.
- theamk 6y agoIMHO, "FAMANG" does sound pretty cool