FAANG Stocks: The Sun Has Set On Their Dominance
Has the sun set on ‘FAANG’ stocks Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOGL)?
Amazon.com Inc. (NASDAQ: AMZN) is the everything e-commerce behemoth and one of the world’s largest companies by market capitalisation. It generates sales from its namesake e-commerce platform, its AWS web server business and countless other complementary services, such as Amazon Prime. The company started from humble beginnings in the late ’90s by Founder Jeff Bezos selling books online. In 1997, Amazon served 1.5 million customers. Today, Amazon serves hundreds of millions of customers through its global e-commerce stores, millions via its AWS cloud server business and touches many more with its technology (e.g. Prime Video, Echo, Kindle).
Has the sun set on ‘FAANG’ stocks Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOGL)?
There are many reasons to consider buying Amazon.Com Inc (NASDAQ:AMZN) stock. Here are two reasons I would consider buying Amazon stock in 2019.
Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and Amazon Inc (NASDAQ: AMZN) are three of the biggest and best companies in the world. Is it too late to buy?
Is it just me or do Australia’s best investors have something in common?
The Amazon.Com, Inc (NASDAQ:AMZN) stock price was hit on Monday as global markets became nervous of news of further trade tensions between the US and China.
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