Since the birth of today’s bull market in 2009, investors have been pouring money into the market... And yet, most folks don’t seem to care at all about the inevitable storm on the horizon. Take a look at the so-called “FANG” stocks: Facebook, Apple, Netflix, and Google’s parent company Alphabet. Microsoft, Nvidia, and Amazon are frequently included in this group of market bellwethers, too.
They’ve outperformed most stocks over the past decade. They’re often discussed as “no brainer” stocks to hold for the long term because their businesses are viewed as unbeatable. But if you look at these companies’ numbers, you’ll see something else... For example, Amazon is viewed as a company that can never do anything wrong. When it announces plans to enter a new business, the other stocks in that industry instantly sell off.
By Dan Ferris
66
May 2019
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