The FAAMG Bubble has plenty more room to deflate after a decade + of outperformance

DavidMarlin
2022-11-07

The FAAMG Bubble has plenty more room to deflate after a decade + of outperformance.

What Are FAAMG Stocks?

FAAMG is an abbreviation coined by Goldman Sachs for five top-performing tech stocks in the market, namely, Meta$Meta Platforms(Facebook), Inc.(META)$ $Amazon.com(AMZN)$ $Apple(AAPL)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$. FAAMG may also go by the acronym,GAFAM.

FAAMG originated from the original acronym FANG, which was coined by CNBC’sJim Cramer. FANG did not include Apple and Microsoft but did include Netflix$Netflix(NFLX)$ . The new variation of the biggest tech companies does not include Netflix because of its relatively small market capitalization compared to the other five companies in FAAMG. Another variation,FAANG, includes Netflix in place of Microsoft.

Since the start of the year, FAANG share prices have fallen by anything up to almost three quarters (in Meta’s case) and disappointing earnings announcements last week prompted a further mini-rout. So is this now a buying opportunity?

https://twitter.com/Marlin_Capital/status/1589280068454731777

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Comments

  • Matrix Rev
    2022-11-07
    Matrix Rev
    let the balloon deflate
  • Yellow snake
    2022-11-08
    Yellow snake
    crash more pls
  • Susunehneh
    2022-11-07
    Susunehneh
    Warm up comment
  • th0mastan
    2022-11-08
    th0mastan
    Seems like the two trend are converging, will we see a crossover soon?
  • Braight
    2022-11-08
    Braight
    Another drop of 20% would be ideal
  • HLPA
    2022-11-08
    HLPA
    These are huge stocks with great momentum. Good for scalping in present envieonment
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