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by sgerenser
1871 days ago
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Because then it would be FAANMG or FAANGM which doesn't sound as cool. The original acronym was a Jim Cramer-ism for "high-flying tech stocks" and started before Microsoft was really starting its comeback. It didn't have any direct relation to market cap or dominance, just how quickly the stocks were rising and how much positive investor sentiment there was around the stocks. |
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They've certainly reemerged strongly and good for them, but FAANG (or whatever the fuck) seems to be leading consumer brands.