The FANGS: Answer to the Blues?

29 minutes

Stuck at home during the Quarantine? Well, here's an answer: turn on the internet. At least that's how Wall Street sees it. With the big 5 FANG stocks, now taking front and center during the current rally. Facebook, Apple Amazon Microsoft replacing the original Netflix, and Google, now Alphabet.

And those companies now define much of our daily activities. Surf the web on your Apple or Windows machine, google old friends and relatives , chat with them on Facebook, and order something online from Amazon.

At least that's how Wall Street thinks you spending you days, and they've rewarded those companies accordingly. Three of the companies: Microsoft, Apple and Amazon, make up the very exclusive trillion dollar market cap club. And recent price action indicates that they don't intend to loose that status anytime soon.

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