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by samfisher83 1518 days ago
Faang companies are printing cash. Instead of making 50bil maybe they will only make 45.
2 comments

FAANG companies have P/E ratios orders of magnitude higher than 'traditional' industries. They are expected to make a 'lot of money'. Making 'good money' will lead to stock crashes as we saw with Meta and Netflix.
faang like facebook or netflix? I think it’s time people stop using this acronym
Even in India people use FAANG where 3 of these are missing. It’s become an equivalent now of top payers who are also stable employers.