What is a FANG?
As you may or may not know, FANG is an term coined by Jim Cramer to describe four rapidly rising stocks that dominate the market today. The FANG stocks include Facebook (FB), Amazon.com (AMZN), Netflix (NFLX), and Alphabet, formerly Google (GOOGL). Cramer’s FANG stock differs from the Big Four tech stocks that I’ve been writing about for years in two ways: first, until recently, my Big Four was a Big Five, but I recently booted out boring old Microsoft (MSFT). Second, my list includes Apple (AAPL) instead of Netflix.
I could argue that Apple has more reason to belong on such a list than Netflix in any conceivable universe, but Cramer is the one who came up with the acronym, and we in the media must know when to yield to superior force.
I’ll be checking in with all five stocks today, Cramer’s plus Apple, so call that A FANG if you like. This isn’t just a buy-sell-hold review, but an update on what’s going on with each stock. Things change so fast for all of these companies that you can’t be sure a review you read on Monday is still pertinent on Friday — or even vice-versa. As always, treat the following ideas as just that, ideas, and do your own research before making any investment decision.