US Sanctions on Iran: India between Rock and a Hard place

Shubham Kabre_US Sanctions on Iran


#Fincabulary 35 – FAANG Stocks

FAANG stocks


Meaning – Coined originally by CNBC host Jim Cramer, FAANG is an acronym that refers to the five high performing technology stocks of Facebook, Apple, Amazon, Netflix and Google. These stocks combined have a market capitalization of $2.8 trillion which is roughly 13% of the size of the US Economy.

These stocks have a significant influence on the capital markets. As of June 2017, the S&P 500 has increased by 8.5% year-to-date, compared to the FAANG stocks’ prices which have all gone up more than 30%, save for Google which is up 24% YTD. If you take the FAANGs out of the S&P 500 list, the S&P would have only gone up 1.4%. The Y-O-Y growth in earnings of these companies have solidified their reputation as the favoured stocks to invest in the market.