FAANGS Make Up Over 27% of the Nasdaq Index. a New Record
Mike Mish Shedlock
Five stocks Swallow Up More of the Nasdaq Than Ever Before.
The FAANG block of Facebook Inc., Amazon.com Inc., Apple Inc., Netflix Inc. and Google now account for over 27 percent of the NASDAQ Composite Index, a new all-time high.
Buffett is buying Apple. I do not think any of them are worth the price.
Mike "Mish" Shedlock