Many people are searching for an alternative to the FANG stocks because Mr. Market grossly overprices the FANGS. The NAMPOF could be such an alternative. To explain, FANG stands for Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Netflix (NASDAQ: NFLX), and Google (NASDAQ: GOOG). Google is the popular nickname for the company now known as Alphabet (NASDAQ: GOOGL). Ultimately, FANG stocks are expensive and questionable. In fact, none of the FANGS pays a dividend. Meanwhile, Netflix; which has a history of losing money, traded at $355.6 a share on 21 May 2019. Plus, Amazon was trading at $1,858.26 a share and Alphabet…...
An Alternative to FANG stocks, the NAMPOF
5 min read