Don't Let the Volatility in Facebook, Amazon, Netflix and Alphabet Spook You
The volatility in FANG stocks shouldn't spook investors.
The volatility in FANG stocks shouldn't spook investors.
That's the assessment from Alex Kenjeev, president of O'Leary Ventures. Kenjeev works closely with Shark Tank star Kevin O'Leary.
According to Kenjeev, FANG stocks are at the center of exciting trends from streaming video to artificial intelligence to self-driving cars.
Meanwhile, Kenjeev said Facebook's lack of debt makes it largely immune from the Federal Reserve's looming rate increases.
FANG is an acronym for Facebook (FB) - Get Report , Amazon (AMZN) - Get Report , Netflix (NFLX) - Get Report and Alphabet's (GOOGL) - Get Report Google coined by TheStreet's Jim Cramer.
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