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+2, FAANG was coined by Jim Cramer to be a grouping of fast growing tech stocks almost 10 years ago, not a grouping of the largest and most important tech compa
by jmknoll 5y ago
+2, FAANG was coined by Jim Cramer to be a grouping of fast growing tech stocks almost 10 years ago, not a grouping of the largest and most important tech companies. Apple and Microsoft are both about 10x the market cap of Netflix.
- cstejerean 5y agoAnd around that time the Microsoft stock had beeen fairly flat for the previous decade. But the Microsoft of the 2010s isn’t the Microsoft of the 2000s stock wise. The stock has grown quite a lot as well since FAANG was coined.
- dougmwne 5y agoHave we all really been parroting Jim Cramer all these years? That's really quite sad.
- lotsofpulp 5y agoThe word fang is pretty catchy.
- ripper1138 5y agoWhy sad? He’s a smart guy and his show is great for lots of retail investors.
- hanley 5y agoI think you meant he's a TV personality and his show is great for entertainment.