'Stat' stocks threaten allure of 'Fang' rivals

31 October 2016 - 09:34

By ©The Sunday Telegraph

Many investors have profited hugely from the US's booming tech industry - but should they now switch their money to Asia? Investors have flocked to Facebook, Amazon, Netflix and Google (now traded under parent company Alphabet), profiting from the enormous rise in the value of these companies.The stocks now have their own acronym: "Fang".

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