"'FANG' has become worthless as a name, an acronym, an amalgam, because of sheer ennui. Nobody cares anymore, nor should they,"Stocks fell on Monday ahead of a potential interest rate hike from the Federal Reserve and aCramer said that one of his main issues with the "FANG" group is that the companies are opaque, which doesn't allow investors to make informed decisions about their stocks.
Amazon: The stock will go higher if Amazon lays off even more of its workforce after already cutting more than. If the company doesn't take that step, its stock will fall and the company will become unworthy of its $1 trillion market capitalization. Google-parent Alphabet: The company is largely an advertising business, which has been hit hard by the slowing economy, yet remains unclear about the challenges it's likely facing., which in recent years has been added to the original acronym to create "FAANG," is a more transparent company with an attractive price-to-earnings multiple. Investors who own the stock should hold onto their shares, he advised.
Yeah, like 6 months ago. Why is he always standing in the bomb crater warning everyone.
Buy signal
Yeah I hate strong secular tailwinds, huge moats, high margins, low debt, huge cash flows, and fortress balance sheets. Why would anyone own them? The thing about Cramer is he has to come up with new material every day to get a sound byte. He is the ultimate
Never, ever comingle entertainment and investing?
Jim Cramer should’ve been the villain the MCU was building up to.
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