FAANG Stocks

-General Status of FAANG Stocks

  FAANG Stocks -General Status of FAANG Stocks FAANG stocks, are among the tech giants of our time. Facebook (FB), Amazon.com (AMZN), Netflix (NFLX), and Google Alphabet (GOOGL), collectively known as Company stocks, are among the tech giants of our time. With Amazon Prime ecosphere, Amazon dominates e-commerce. Along with Microsoft (MSFT), Amazon Web Services and Alphabet's Google Cloud business have a dominant presence in cloud computing and services. While Netflix is ​​facing increasing competition from Hulu and other Company stocks (notably Amazon and YouTube owner Google), it has consolidated its leadership in the streaming industry thanks to its original programming and massive global expansion. So, should Netflix shares be bought right now?

FAANG stocks, are among the tech giants of our time.

As the answer to this question, Bank of America analyst Nat Schindler says: “The price movements after Netflix missed net subscriber predictions often show that the company has created attractive opportunities. While prices are not exactly indicative of the future, stock performance says the loss of subscribers this quarter is a potentially attractive opportunity. We believe that the long-term growth story for Netflix is ​​still solid and nothing fundamentally changes. "    

Source: www.investors.com

 

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