FAANG is still sticking around.
In case you lived under a hole for the past ten or so years, FAANG stands for Facebook (FB - Get Report) , Apple (AAPL - Get Report) , Amazon (AMZN - Get Report) , Netflix (NFLX - Get Report) and Alphabet (GOOGL - Get Report) .
Stephen 'Sarge' Guilfoyle, Real Money contributor, broke down what he expects from the FAANG names after Netflix reported its quarter after the bell Wednesday, Oct. 16.
"Well, I don't think the rest of the FAANG is in the same boat as Netflix in the least. I mean, I'm not in the rest of Fang right now. I do trade in and out of Amazon. I think it might be going the right way. Maybe I should get on board. I don't necessarily trade Alphabet because they haven't gotten along so well with the Department of Defense in the past. And if that comes down to a fight, I am with the Department of Defense, and Facebook, let's face it, although they cause trouble and no one likes them, they have a great business, they have the best advertising business. I know them. So I wouldn't be surprised if all three of those have a pretty good earning season. But if you want to go back to Netflix, I'm not going to bash them. And I'm not going to say they can't succeed, but I don't know how," said Guilfoyle.
Watch the video for more.
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