How about a new FAANG? This grouping outperforms the tech giants

6 months ago 26

The FAANG grouping of stocks has been truthful 2021.

Facebook genitor Meta Platforms FB, -1.47%, Amazon.com AMZN, -0.90%, Apple AAPL, +0.82%, Netflix NFLX, -2.20% and Google genitor Alphabet GOOGL, -1.14% person struggled this year, acknowledgment to rising involvement rates, and successful the lawsuit of Facebook and Netflix, softer demand.

The NYSE FANG+ NYFANG, -0.68% scale has slumped 11% this year.

Doug Kass, the president of Seabreeze Partners Management, proposes a caller FAANG: F for fuel, 1 A for agriculture, different A for aerospace (as successful aerospace and defense), N for atomic and G for golden and captious metals.

These each are ...

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