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Well Jim Cramer was the one who originally popularized the term FAANG (then FANG)[1], and has since changed the it to MAMAA, which includes Microsoft (and the n
by cableshaft 3y ago
Well Jim Cramer was the one who originally popularized the term FAANG (then FANG)[1], and has since changed the it to MAMAA, which includes Microsoft (and the name change from Facebook to Meta, and Google to Alphabet)[2].
Also Netflix got excluded in the new one because "the digital streaming pioneer’s market capitalization has not kept up with the others."
[1]: https://www.investopedia.com/terms/f/faang-stocks.asp https://www.investopedia.com/terms/f/faang-stocks.asp
[2]: https://www.cnbc.com/2021/10/29/cramer-new-acronym-to-replace-faang-after-facebook-name-change-to-meta.html https://www.cnbc.com/2021/10/29/cramer-new-acronym-to-replac...