Author -- George Trager, Financial Markets Enthusiast, Editor of investbrain.net
he grouping of internet giants Facebook, Amazon, Netflix and Google, "FANG" as coined by Jim Cramer are amongst the most highly followed and analyzed companies. These stocks on average returned an enormous 83% in 2015, compared to a flattish market: Facebook returned +34%, Amazon +118%, Netflix +134% and Google +47%. What’s interesting to us are the hedge funds who own two or more of the FANG stocks and undoubtedly benefited in 2015 from the strong performances and perhaps might be feeling the opposite effect given the fact that these stocks are down an average of 20% year to date, approximate double the decline of the S&P 500. Setup a free account to get access to this article (no credit card required).
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