The No-Brainer FAANG Stock You Should Buy
The past 10 years have been pretty incredible if you're a long-term-oriented investor. Over that period, the broad-based S&P 500 has overcome a number of modest and double-digit percentage corrections to consistently motor to new highs. In total, the S&P 500 has advanced by a cool 177% over the trailing 10-year period, through Oct. 29.
While few investors would complain with a 177% gain, long-term shareholder in the FAANG stocks are doing even better. That's Facebook (NASDAQ: FB), Amazon.com (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASDAQ: NFLX), and Google, which is now a subsidiary of parent company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Over the trailing 10-year period, here's how the FAANG stocks have fared:
If you'd have put an equal amount of money into each of these high-growth FAANG stocks 10 years ago, or in Facebook's case when it IPO'd, you'd be up by more than 1,200%.
Source Fool.com
