THIS FAANG DARLING STOCK HAS BEGUN TO LOSE ITS MOJO $NFLX $AAPL $AMZN $FB $GOOG $DIS $T $SPY $QQQ $DJIA
FAANG stocks are popular. But now one of them is beginning to lose its mojo.
How long could this last? Let’s examine the issue with the help of a chart.
Please click here for an annotated chart of the stock of Netflix NFLX.
Note the following:
• There was a time when Netflix’s stock was outperforming other FAANG stocks — Apple AAPL, Amazon AMZN, Facebook FB and Alphabet unit Google GOOG, GOOGL.
• Over a long stretch, Netflix’s stock significantly outperformed the Dow Jones Industrial Average DJIA, S&P 500 Index SPX and the Nasdaq-100.
• Netflix had been the darling of FAANG stocks.… Please click here or the title below to read more.
October 21, 2019