Jim Cramer: FAANG’s Still Got Teeth
- Date: 06-May-2021
- Source: CNBC
- Sector:Economy
- Country:Middle East
Jim Cramer: FAANG’s Still Got Teeth
They did it again. They buried FAANG. They did it. I am not kidding. And this time they did it for a motley crew of Freeport-McMoRan (FCX) , Cleveland-Cliffs (CLF) and a bunch of other resource companies.
Now, I understand that we had a tech wreck Tuesday, that a lot of the FAANG and FAANG-like companies have been clobbered.
Yes, only Facebook (FB) and Alphabet (GOOGL) , formerly Google, have really done anything this year, rallying 15% and 32% respectively. Netflix (NFLX) , after that weak quarter, is off 7.5%. Amazon (AMZN) , which absolutely crushed the numbers, is up less than 1% and Apple (AAPL) ? After an amazing quarter, it's down 2%. That's pretty pathetic.
Select Sector 
Select Country 
