Why is Netflix a FAANG? — Market Mad House
Published in
6 min readDec 19, 2019
I ask why is Netflix a FAANG stock because the other FANGs have far more money.
To clarify the FAANG members are; Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASAQ: NFLX), and Google (NASDAQ: GOOGL). People buy the FAANG stocks because they supposedly make a lot of money.
Yet some FAANGs are richer than others. For instance, Netflix had $4.435 billion in cash and short-term investments on 30 September 2019.
