|Bid||149.48 x N/A|
|Ask||157.52 x N/A|
|Day's range||152.78 - 152.78|
|52-week range||88.10 - 330.88|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||10.93|
|Earnings date||31 Jan 2023 - 06 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The acronym FAANG coined by CNBC host Jim Cramer consists of five companies: (F) Meta Platforms (NASDAQ: META), formerly known as Facebook (A) Amazon (NASDAQ: AMZN) (A) Apple (NASDAQ: AAPL) (N) Netflix (NASDAQ: NFLX) (G) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), formerly known as Google This group of five large-cap tech companies dominated the market through late 2021, absolutely crushing the S&P 500.
The Nasdaq Composite has surged over 11% so far this month as growth stocks retake center stage. Shopify (NYSE: SHOP), the Vanguard Growth ETF (NYSEMKT: VUG), Nio (NYSE: NIO), Beam Therapeutics (NASDAQ: BEAM), and Roku (NASDAQ: ROKU) have that kind of potential. Here's what makes each company a great buy now, according to five Motley Fool contributors.
Last year was brutal for Meta Platforms (NASDAQ: META). The Facebook, Instagram, WhatsApp, and Messenger parent's ad revenue suffered as a weak macroeconomic environment and changes to ad tracking and measurement on Apple's mobile operating system combined to create a significant headwind. Here's a look at why 2023 could be a decent year for Meta's business and possibly its stock, too.