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HomeStockFAANG - The best stocks to buy in 2023

FAANG – The best stocks to buy in 2023

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FAANG – The best stocks to buy in 2023 – stocks, lists, companies, full form, prices latest, Meaning, share price, valuations, returns and everything you need to know about Faang – #dollarstreet

FAANG – very anonymous word in the US stock market and exchanges. These are those stocks that can actually shake the entire stock market by their presence and affect other countries too. Their market capitalization of trillion dollars is actually risky for the market if someone try to dominate the resources.

Now we will understand

  • What is Faang,
  • origin of Faang,
  • why invest in Faang,
  • Why Faang are the best stocks to buy in the US anytime
  • How Faang Became Popular
  • How to Invest in Faang and many more questions like these will be answered in this article.

What is “FAANG”?

FAANG Stands for Facebook, Amazon, Apple, Netflix and Alphabet. The five most well known and Successfull American technological business giants.

The FAANG corporations, or the five mega-giants and most successful firms listed on the American stock market, are Facebook Inc. (META), Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Netflix Inc. (NFLX), and Google LLC (GOOGL; now Alphabet Inc.).

These businesses are among the best-performing ones not just in the US but also internationally. They have altered what it means to interact, socialize, shop, and have fun. FAANG stocks have a huge following, due to their size, dynamism, development possibilities, and most significantly, the leaders that represent these companies, they find a place in the portfolios of many investors.

Origin of FAANG

Many people might wonder what is FAANG and where does it come from .In 2013,CNBC program Mad Money JIM Cramer introduced the name “FANG” to describe these businesses hailing them as completely dominant in the market.

Apple then joined these businesses to change the term FANG to FAANG in the year 2017.

The FAANG businesses alone have a market capitalization worth trillions of dollars and have the power to affect the whole stock market.

According to Jim Cramer, these businesses brought about some of the most rapid developments in the globe and the technology revolution, which made them the most dominating.

Whatever topic you’re discussing—electronics, data, commerce, entertainment, or socializing—FAANG businesses are the ones that built this technologically advanced society.

FAANG Stocks – Market cap and Valuation

Let’s examine the FAANG stocks in greater detail to determine what makes them so powerful that a new name has been created to describe them.

(Alternatively, FAAMG was also created to include Microsoft, another tech powerhouse.)

NameTickerPriceVolumeMarket Cap
Netflix, Inc. (NFLX)NFLX$286.6961,888,243128.2B
Meta Platforms Inc (META)META$111.4428,963,456291.3B
Alphabet Inc. – Class A Shares (GOOGL)GOOGL$97.0523,041,2621.2T
Amazon.com Inc. (AMZN)AMZN$93.21,869,693943.2B
Apple, Inc. (AAPL)AAPL$150.1851,565,0402.4T

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Importance of FAANG

Due to the fact that the goods and services they provide are used all over the world and have become an essential part of our daily lives, FAANG stocks are the most prominent stocks not just in the US market but also globally.

Together, their market capitalization crosses $4 trillion, which is more than the GDP of most countries.

The FAANG companies are the only businesses, aside from Saudi Aramco, to have surpassed trillion-dollar market value (excluding Netflix).

S&P 500 has given a return of 17% over the last 5 years (in INR terms), while the Nifty 50 has given returns of about 16% over the same period. On the other end, if we consider returns of FAANG stocks, they can be summarized as under:

Why FAANG stocks are popular all the Time | Why to invets in Faang ?

FAANG stocks are popular with investors because they have consistently provided positive returns over the years, have great fundamentals, and have a solid leadership base.

These are the basic fundamentals for any company to grow and they have done trmendous effort to give first class products and services to their customers.

FAANG Stocks1-year FAANG Returns* (in terms of INR)3-year FAANG Returns* (in terms of INR)5-year FAANG Returns* (in terms of INR)
Facebook share-66.96%-44.22%-39.03%
Amazon share-47.93%5.08%57.17%
Apple share-6.96%125.52%243.33%
Netflix share-56.17%-9.15%46.46%
Google (Alphabet) share-33.43%48.66%83.72%
FAANG stocks are frequently referred to as the “engine” of the Nasdaq 100 Index since they contribute significantly to the returns of the Nasdaq Index.

How to Invest in FAANG Stocks?

FAANG stocks are among the best-performing ones on the US stock market, 

 so much so that they are frequently brought up in conversations about the market.

As of December 2021, the market value of these stocks was around $7.459 trillion, constituting 21% of the S&P 500.

  • Foreign Brokers – This allows you to invest in U.S stocks by opening a brokerage account directly with these foreign brokerage firms
  • Investment Platforms – You can invest in U.S stocks directly through various investment platforms. 
  • Through Mutual Funds – You can also directly invest in U.S stocks in a highly transparent and cost-effective manner by investing in any of the relevant US-focused fund of funds, index funds, etc.

FAQs

FAANG stocks meaning?

FAANG is an acronym for five of the USA’s global tech giants namely Facebook, Amazon, Apple, Netflix, and Google. Originally, the acronym was only FANG (without Apple) but later on, Apple was added because of its massive revenue growth.

Which U.S indices should a trader follow when buying FAANG stocks?

You may find it beneficial to track S&P 500 index, Dow Jones Industrial Average (DJI), Nasdaq composite index, Nasdaq-100 index, and RUSSEL 2000 index among other indices.

What does Faang stands for ?

Facebook,Amazon,Apple,Netflix and Google

What does maang stands for ?

Microsoft,Amazon,Apple,Netflix and Google

Is microsft not a Faang ?

No it comes under MAANG

When did faang origin ?

2013 and then later became FAANG IN 2017

Disclaimer : Not Financial Advice
DollarStreet.co is not a registered Investment, legal or Tax advisor/Broker/dealer. The Information provided above is only the opinions expressed by our Authors or team members with their personal research which can’t be taken as a source of Investment.Invest at your own risk ,Do your own research before Investing.Dollarstreet.co is not responsible for any type of Investments made by the reader.Our responsibility is to provide the accurate information.However, sometimes unintended or misprint errors might happen.

DOLLAR STREET EDITOR

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