While munching on some Deepavali cookies, my close friend, who was seated beside me, blurted out:
“Dei! How to invest in Google dah? I heard it’s a damn good company to invest in?”
With so much excitement, some of the murukku bits from his mouth flew out.
As he was picking up the mini-mess he had created, I belted out a 101 on investing in US shares and the FAANG stocks that Google is part of.
What are the FAANG stocks?We are not talking about vampires here.
Source: GiphyFAANG is an acronym for five companies that many of us are likely to be familiar with, and we most probably would have used its services before.
FAANG stands for:
Facebook (NASDAQ: FB) Amazon.com (NASDAQ: AMZN) Apple (NASDAQ: AAPL) Netflix (NASDAQ: NFLX) Google – Google is now known as Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).Facebook owns the eponymous
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