Today marks the seven-year anniversary of the S&P 500’s lowest point of the Financial Crisis in 2009. Since that point, the market has tripled in value.
However, several high-growth market leaders have seemingly gotten a disproportionately large amount of headlines over the past seven years: the “FANG” stocks. FANG is an acronym for Facebook Inc FB 1.95%, Amazon.com, Inc. AMZN 1.91%, Netflix, Inc. NFLX 0.31% and Google (now Alphabet Inc GOOGL 1.73%.
Sure, these companies may be popular, but have they actually been worthwhile investments over the past seven years? The answer, of course, is absolutely.
Facebook had the most tumultuous path to market success. Facebook’s IPO in 2012 priced at $38 per share, but the stock dipped as low as $17.55 before making its big turnaround. Now, Facebook is up 181 percent from its IPO price.
All three of the other FANG stocks were around in the public markets during the worst of the Financial Crisis.
Amazon dipped…
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