Read How JPMorgan Views Meta, Apple, Amazon, Netflix
- Date: 23-Feb-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Read How JPMorgan Views Meta, Apple, Amazon, Netflix
Tech-dominated "growth" stocks are still not cheap despite sharp falls over the last six months, analysts at U.S. investment bank JPMorgan cautioned, Reuters reports.
The so-called FAANGs have seen some of their COVID-era surges cut back this year.
Meta Platforms Inc (NASDAQ: FB) fell 38%, Apple Inc (NASDAQ: AAPL) was down 5.7%, Amazon.com Inc (NASDAQ: AMZN) down 8.5%, and was Netflix Inc (NASDAQ: NFLX) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google dropped 35% and 10% respectively.
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