|Definition||:||Facebook, Amazon, Apple, Netflix and Google|
|Category||:||Business » Business Terms|
What does FAANG mean?
Facebook, Amazon, Apple, Netflix and Google (FAANG) refers to the five most popular and best-performing technology companies listed in the American stock exchange. It was originally called FANG which does not include Apple. The term was coined and popularised by Jim Cramer, an American television personality and a former hedge fund manager.