Could the bite be going dull in FANG? And of course I don’t mean fangs like the picture here. I mean FANG, Facebook, Amazon, Netflix, and Google. Today’s article discusses what 2016 looks like for the group. Here’s what they had to say, “Fundstrat’s Tom Lee is the latest to ring a cautionary bell on the group, noting the FANG outperformance in 2015 has been rather extraordinary to begin with. Over the last decade, the S&P 500′s 10 best stocks, measured by their contribution to the index’s point increase, tended to gain about as much as the index’s 10 worst stocks lost in any given year, Lee notes. This year that canceling out hasn’t happened, with the Top 10 beating the bottom 10 by 150 basis points.” To read more, CLICK HERE.
Could 2016 Take The “Bite” Out Of These Stocks?
- by Bob Mitchell