It's been a while since the term "FAANG stocks" captured investors' attention, mostly because these stocks aren't the red-hot names they used to be. The so-called "Magnificent Seven" tickers have taken their place as the market's hot-button grouping.

The thing is, all five FAANG stocks are still incredible investments, and three of them are standout prospects you'll want to consider adding to your portfolio sooner rather than later. 

Most investors know Amazon (NASDAQ: AMZN) has (literally) been the market's most rewarding stock over the past three decades; shares are up more than 260,000% since their 1997 initial public offering. Most investors also understand, however, that the e-commerce giant's highest-growth days are in the past. It's simply too big now to continue growing at its historical pace.

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Source Fool.com