Wednesday 21 June 2017

FANG companies will continue to dominate the market

Companies in the FANG group dominate the markets at the moment. However, according to some analysts, investors are unlikely to expect that they are soon will start losing momentum, although they are becoming more and more expensive.
According to the Canaccord Genuity, although technology companies look expensive, compared to three years ago, they are still fairly valued in terms of historical standards, especially compared to the "technology bubble."
However, companies in the FANG group are difficult to be avoided by investors. Among the 21 major technology companies, with an expected sales growth of over 15% this year, four are the companies of that group.
The next year's elite group is expected to decline to just 12 companies, with the four companies re-entering it in terms of potential sales growth of 15%.
The four companies are expected to continue to benefit from four key areas of growth - digital regulation, digital video, e-commerce and cloud services, experts say.


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