Golden Fang
David Morris
fqmorris at gmail.com
Thu Apr 11 16:25:17 CDT 2019
https://www.youtube.com/watch?v=cxDfsvMS-Qk
https://en.wikipedia.org/wiki/Facebook,_Apple,_Amazon,_Netflix_and_Google
Facebook <https://en.wikipedia.org/wiki/Facebook>, Apple
<https://en.wikipedia.org/wiki/Apple_Inc.>, Amazon
<https://en.wikipedia.org/wiki/Amazon_(company)>, Netflix
<https://en.wikipedia.org/wiki/Netflix> and Google
<https://en.wikipedia.org/wiki/Google> (*FAANG*), a further extension of
FANG <https://en.wikipedia.org/wiki/FANG> (which originally did not include
Apple), is both an acronym and a buzzword
<https://en.wikipedia.org/wiki/Buzzword> to entice investors, as
popularised by Jim Cramer <https://en.wikipedia.org/wiki/Jim_Cramer> from
CNBC <https://en.wikipedia.org/wiki/CNBC>'s Mad Money
<https://en.wikipedia.org/wiki/Mad_Money> and other talking heads
<https://en.wikipedia.org/wiki/Pundit> for grouping together currently high
performance technology companies currently listed on NASDAQ
<https://en.wikipedia.org/wiki/NASDAQ>.[1]
<https://en.wikipedia.org/wiki/Facebook,_Apple,_Amazon,_Netflix_and_Google#cite_note-1>
While
it usually refers to the five (or four) of these technology companies
specifically, the term is now generally used to refer to the
technology and consumer
discretionary <https://en.wikipedia.org/wiki/Luxury_goods> sectors
consisting of highly-traded growth stocks of American
<https://en.wikipedia.org/wiki/United_States> technology and tech-enabled
companies in recent years.[2]
<https://en.wikipedia.org/wiki/Facebook,_Apple,_Amazon,_Netflix_and_Google#cite_note-fool-2>
Such
a perspective of the market demonstrates a huge impact with commensurate
profit or loss.[3]
<https://en.wikipedia.org/wiki/Facebook,_Apple,_Amazon,_Netflix_and_Google#cite_note-3>
Opinions
have been divided over whether this phenomenon is indicative of a tech
bubble <https://en.wikipedia.org/wiki/Tech_bubble> or long-term sustained
growth of these technology companies.[2]
<https://en.wikipedia.org/wiki/Facebook,_Apple,_Amazon,_Netflix_and_Google#cite_note-fool-2>
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