Curious about how FAANG did after the big five tech companies reported earnings?
Real Money's Kevin Curran gave his opinion on FAANG.
In case you didn't know, FAANG stands for Facebook (FB - Get Report) , Apple (AAPL - Get Report) , Amazon (AMZN - Get Report) , Netflix (NFLX - Get Report) and Google's parent company, Alphabet (GOOGL - Get Report) .
"FAANG is interesting because, as much as it fell into the back half of the year, it's really bounced pretty significantly. I mean Netflix is a good metric. It fell 55% to Dec. 24 and it's been up by about the same measure since that trough," he said on this week's episode of Trading Strategies.
Listen to the full episode below:
Curran's not the only one with FAANG on the mind. Jim Cramer was also thinking about FAANG. When asked what stocks he wanted to love on Valentine's Day, he chose the FAANG stocks.
Why? Well, Cramer thinks that FAANG stocks will need some extra love once companies such as Uber or Lyft go public. Watch why here.