Over the past decade, the FAANG stocks have represented the pinnacle of tech investing. However, after a terrible 2022, where many of them lost significant value, some wondered if their run was over. 2023 was a sharp reversal of that trend, and many FAANG stocks regained their status as great investments.

The group is made up of these stocks:

None of these five had a better 2023 than Meta, whose stock rose around 170% in 2023. The next-highest performer (Amazon) increased by about 75%, and the worst (Apple) saw shares rise by nearly 50%. So, while none of the companies in this group had a bad year, none are close to Meta Platforms' performance.

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Source Fool.com