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Forget About the FANGs, It's All About the FAAMG Stocks Right Side Of The Chart
Most traders & investors are familiar with the term the 'FANG' stocks, an acronym for the high-performing tech stocks Facebook, Amazon, Netflix and Google. Why Netflix, with a market cap of only $60.15B is included instead of the much larger Microsoft (MSFT), which not only has a market cap over over 8x that of NFLX (502.6B) but is also one of the best performing & top-heavy components of the leading index, the Nasdaq 100 as well as one of the top components of the S%P 500 Index? I guess the word 'FANGs' has a cool ring to it when spewed out …