Acronym for the stocks of five well-known American technological companies: Meta (META), formerly known as Facebook, Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG), Google's parent company. Jim Cramer, the anchor of CNBC's Mad Money, popularized the phrase FAANG in 2013 by praising these businesses for being "completely dominating in their sectors." Apple was added as the second "A" in the acronym to the original phrase "FANG" in 2017.
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