After a brief dip in April 2020, the post-pandemic market rally has allowed the S&P 500 to hit new highs. The lion's share of contributors to this growth includes the most coveted tech stocks collectively called FAANG stocks.
In this blog, we will take an in-depth look at FAANG stocks and evaluate whether you should include 1 or more FAANG stocks in your portfolio.
What Are FAANG Stocks?
FAANG is an acronym for 5 of the biggest tech stocks in the US market. FAANG Stocks include:
*Note: All facts & figures are as of 04-01-2021. Historical data does not imply future success. Always consult a wealth coach before investing.
Q. What Does FAANG Stand For?
Ans. FAANG stands for 'Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), Google (GOOG)'. Initially, the acronym was FANG(Facebook, Amazon, Netflix, Google) but later on, Apple was added to the list because of its huge growth in terms of revenue.
Q. What's The N In FAANG?
Ans. The N in FAANG stands for 'Netflix (NFLX)'. The popular acronym in full means Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), Google (GOOG).
Q. Can You Invest In FAANG Stocks From India?
Ans. Yes, you can invest in FAANG stocks from India using a reliable app like Cube Wealth. Cube lets you invest in US stocks on your own or with advice from RIA, Rick Holbrook. The best part is that you can invest in US stocks for as low as $1 using Cube Wealth. Get started now.
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.
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