MS: FAANG Hot Streak Coming To An End
Rupert Hargreaves2021-05-14T03:05:33-04:00
Facebook, Apple, Amazon, Netflix, and Google (Alphabet) have been the market's top stocks in 2017, but what does next year hold for these tech behemoths collectively known as the FAANGs?
According to a recent research note from analysts at Morgan Stanley, collectively the FAANGs have added 4.3 percentage points of market capitalization to the S&P 500 this year, around 24% of the aggregate market cap added since the beginning of the year.
Author
Rupert Hargreaves
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk