Home Trending Stocks FAANG Stocks: Which 3 stocks are the best to Invest in 2021

FAANG Stocks: Which 3 stocks are the best to Invest in 2021

When you hear FAANG, you talk about the tech giants who are leading the stock market. Let’s see the best FAANG stock for investment in the new year. 

The FAANG stocks or we can say the ‘Fabulous Five’ are the market deities that are controlling the entire stock market. The tech companies including Facebook, Apple, Amazon, Netflix, and Alphabet’s Google are known as FAANG stocks. These five tech firms make a joint market cap of over $6.1 trillion, which is almost 24% of the NYSE stock market.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Where the rest of the stock market has plunged badly, the FAANG stocks have done quite well. Things have shaped up nicely in the latter part of 2020 and the stock market has shown promising recovery. Whenever the market makes a big move, FAANG stocks are among the leading stocks to make big gains. 

More precisely, FAANG stocks have recorded impressive gains year-to-date. Apple is leading the FAANG gang with over 85% growth, while Amazon and Netflix are not far behind the iPhone maker. Whereas, Facebook and Alphabet have soared over 30% despite facing legal actions and increasing privacy concerns.  

However, 2020 has been an unprecedented year full of surprises. FAANG stocks have done reasonably well to maintain their stature in the market. Here are the three best FAANG stocks to watch for in 2021.

Apple Stock (AAPL) 

The first company in the world to cross the $2 trillion market cap mark, Apple Stock (AAPL) is a tech titan that has driven the world of advanced technology. 

The company has recorded notable growth in its fourth-quarter surpassing the analyst’s estimates. Apple reported record Q4 revenues of $64.7 billion, up by 1% from the prior year. The iPhone maker stands firm with its growing services business, along with record sales of its Mac and strong sales of iPads and wearables. 

The company sold iPhones worth $26.44 billion, with $9.03 billion in Macs, and $6.79 billion in iPads during the fourth quarter. While the rest of the accessories and services made a combined sale of $22.42 billion. The business operations kept on running swiftly despite the restrictions faced by the COVID-19 pandemic. 

Heading forward, the company plans to move its production capacity from China to India. According to Etnownews.com, an Indian new media outlet, Apple is ready to move one-fifth of its production to India. If Apple moves its production to India, it will lower its production cost, increasing profit margins.

Apple (AAPL) stock is an attractive investment option among the FAANG stocks. So, keep an eye on how things shape up for the iPhone maker in 2021. 

Facebook Stock (FB)

The leading social media network that has the highest number of active users in the world. As per Statista, Facebook Stock (FB) recorded over 1.82 billion active users in the third quarter. This is the most on any social media network. 

Facebook has become a leading party among the FAANG gang. Facebook is a massive ad and marketing industry in itself. A large user base helps the company to attract more clients for advertisement on Facebook. 

In the U.S., for instance, eMarketer estimates the Facebook takes almost $0.23 per dollar spent on digital advertising. This has resulted in a massive boom in its revenue. From 2015 to 2019, the revenue of the company has almost quadrupled. 

Anyhow, in recent times, Facebook has been on the regulator’s radar for its online Ad privacy policy issues. The social media giant is facing the biggest lawsuit in its history; the U.S. regulators and 48 attorneys general have filed legal action against the company. They want to finish the dominance of Facebook in the social media world and break the company. The U.S. regulators want Facebook to leave its other two apps which include WhatsApp and Instagram. 

With that being said, it’s not the first time that Facebook is coping up with such actions. It’s a matter of time and how the company handles this lawsuit. 

Even in these challenging times, Facebook has generated over 22% more revenue in the third quarter. Also, Facebook (FB) stock is trading at a more attractive price. Financials suggest that the company should be trading at a higher valuation, the fact that it has such a strong business model.  

Amazon Stock (AMZN)

Without a doubt, Amazon (AMZN) is the pick of the tech stocks in 2020. The e-commerce giant is everywhere, it’s serving you in e-commerce, streaming, cloud services, and Alexa. Jeff Bezos is a genius who’s leading the company to new heights every single day. 

Amazon’s sales have skyrocketed despite the pandemic impact, the company has figured out ways to continue its operations and keep on moving products.

In e-commerce, Amazon is one of its types and has few notable competitors. Whereas, in the streaming world, it is competing with Netflix. And, in many other sectors it making solid progress, too. In the third quarter, the e-commerce titan reported revenues up to $96.1 billion, up by 37% in the same period in 2019. 

At the moment, the company is worth $1.667 trillion but sooner or later it will cross the $2 trillion mark, ranking along with Apple. There’s no stopping, with strong ecosystem of Amazon spread across different sectors. So, Amazon (AMZN) is a FAANG favorite stock to watch in 2021.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

What Has Been Raising The Soleno (SLNO) Stock Up Before Market Open?

In recent premarket trading, Soleno Therapeutics Inc. (SLNO) has soared 3.77% at $1.10 per share. The Soleno stock closed at $1.06 yesterday, down -6.19%. Get...

Stealth BioTherapeutics Corp (MITO) Stock Going Down in PreMarket, Here’s What You Should Know

Stealth BioTherapeutics Corp (MITO) stock prices were up by a colossal 35% as of the market closing on May 6th, 2021, bringing the price...

Why Ocugen, Inc. (OCGN) stock is popping high today?

Shares of Ocugen, Inc. (OCGN) stock were popping high today on May 7, 2021, ahead of today’s earnings report.OCGN stock price saw a surge...

What Is Driving The Powerbridge (PBTS) Stock Higher In Premarket session?

At the last check, Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) shares were rising 10.71% to trade at $1.55 in premarket trades. The Powerbridge stock...

Beyond Meat, Inc. (BYND) Stock Trending Down After Management’s Uncertainty Over Fiscal Year Guidelines

Beyond Meat, Inc. (BYND) stock prices were down by 2.08% as of the market closing on May 6th, 2021, bringing the price per share...

Regional Health Properties, Inc. (RHE) Stock Skyrockets Following Trading of Exponential Volume of Shares

Regional Health Properties, Inc. (RHE) stock prices soared by 31.4% during early market hours on May 7th 2021, bringing the price per share up...

Orphazyme A/S (ORPH) Stock Plummeting After Failure of ORAIALS-01 Trial Announced

Orphazyme A/S (ORPH) stock prices plummeted by 27.77%  after the market opened on May 7th, 2021, bringing the price per share tumbling down to...

Avalon Holdings Corporation (NYSE:AWX) stock surged in the current trading session; here’s why

At last check, in the current trading session, AWX stock surged by 22.58% to $5.08. AWX stock previously closed the session at $4.14. The...

Related News

What Has Been Raising The Soleno (SLNO) Stock Up Before Market Open?

In recent premarket trading, Soleno Therapeutics Inc. (SLNO) has soared 3.77% at $1.10 per share. The Soleno stock closed at $1.06 yesterday, down -6.19%. Get...

Stealth BioTherapeutics Corp (MITO) Stock Going Down in PreMarket, Here’s What You Should Know

Stealth BioTherapeutics Corp (MITO) stock prices were up by a colossal 35% as of the market closing on May 6th, 2021, bringing the price...

Why Ocugen, Inc. (OCGN) stock is popping high today?

Shares of Ocugen, Inc. (OCGN) stock were popping high today on May 7, 2021, ahead of today’s earnings report.OCGN stock price saw a surge...

What Is Driving The Powerbridge (PBTS) Stock Higher In Premarket session?

At the last check, Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) shares were rising 10.71% to trade at $1.55 in premarket trades. The Powerbridge stock...

Beyond Meat, Inc. (BYND) Stock Trending Down After Management’s Uncertainty Over Fiscal Year Guidelines

Beyond Meat, Inc. (BYND) stock prices were down by 2.08% as of the market closing on May 6th, 2021, bringing the price per share...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.