In Focus: FAANG Tech Stocks

Tech stocks have driven global equity returns over the past few years, but the top five FAANG companies now look expensive

Cyrique Bourbon 22 June, 2018 | 8:01AM

 

Cyrique Bourbon: Technology has been a very hot topic for the last few years not just for individual companies but also for investors. For instance, when we look at the performance of global equity markets, a large proportion of global equity market returns in the last few years has come from tech stocks.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alphabet Inc A1,551.08 USD1.38
Amazon.com Inc3,217.01 USD0.31
Apple Inc117.51 USD1.32
Facebook Inc A267.56 USD2.36
Netflix Inc525.42 USD-1.00

About Author

Cyrique Bourbon  is multi-asset portfolio manager for Morningstar Investment Management EMEA

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