FAANG -> NAMA

Feb 16, 2021

Despite impressive profits and continued growth in advertising revenue, both FB and GOOG have underperformed their peers in the past 5 years, returning less 165% and 208% despite sitting on mountains of cash. MSFT, AAPL, NFLX, and AMZN have each risen at least 385% in the same 5 year period, more than tripling the performance of FB. Though FB and GOOG are often grouped with the other four tickers (FAANG) as dominant tech companies, their performance as stocks places them in a lower league. For shareholders looking for a blue chip tech stock, a MANA grouping would make more sense as each company's dominance in its field has actually translated into gains for its shareholders.