One FAANG stock is quietly making new highs, and one strategist still sees it as a buy
TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.Facebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple,Amazon,NetflixandGoogle parent Alphabet— have not broken through to their own since at least April.In the same interview, Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, said Amazon looks to be one of the better picks of the bunch.Amazon trades at 51.5 times forwar
Amazon Stock: Has It Produced The Most Alpha In Big Tech?
A long-term investment in Amazon stock has historically produced outsized returns. But has AMZN been the best Big Tech player at producing alpha?The Amazon Maven faces off six mega-cap stocks.A few days ago, the Amazon Maven explained howa mere $100 monthly investment in Amazon stock -Get Report since the company’s 1997 IPO would have led to riches: $2.7 million today. It is hard to imagine a methodical, long-term investment having performed as well as this one.But has AMZN shares created the m