It’s Not Just The FAANGs Rising In This Record Bull Market

Rupert Hargreaves

Published onJanuary 24, 2018

Last year, Facebook Inc (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), and Google (owned by parent company Alphabet), collectively known as the FAANGs, smashed the S&P 500 in performance terms.

Indeed, according to figures from Goldman Sachs, for 2017 the S&P 500 returned 21.8% while the FAANGs gained 46.5% and the FAAMG's (including Microsoft) gained 45%. The tech sector as a whole added 38.8%.

[munger]

bull 1516803020 — brazeledition / Pixabay

These gains have had a disproportionate impact on the rest of the market. Analysis by Fortune shows that at the start of 2017, FAAMG Inc's total market cap was $2.09 trillion, and it accounted for...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

It’s Not Just The FAANGs Rising In This Record Bull Market

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