Investors who have been around the block once or twice are no doubt familiar with FAANG, a widely used acronym that represents some of the most successful companies in a generation:

These companies are pioneers, disruptors, and leaders in their respective industries. No platform holds a candle to Facebook when it comes to social media; Apple's iPhone is unrivaled; Amazon revolutionized digital retail; Netflix has long been the face of streaming video; and Google's search was so ubiquitous, it became a verb. Investors in these companies have enjoyed the fruits of their dominance, with gains that range from 333% and 2,080% -- even after the recent mauling by the bear market.

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Source Fool.com