For the last 10 years, the S&P 500 has posted amazing returns, but that was ultimately dominated by Facebook, Amazon, Apple, Netflix and Google (Alphabet)
Do we see these stocks being able to continue their dominance into the next decade, so from 2020 to 2030?
Or is there any stocks you have your eye on that could soon be the new “FAANG” of the future?
For me of the big stocks I think Netflix has the toughest chance to repeat such a performance. Also where does Apple go after absolutely revolutionising the smart phone industry? Have they had their moment since the iPhone 5 which changed the whole game?
Stocks going forward for me, are Tesla which could revolutionise the electric vehicle market, and square, with their cash app, if the world is to head towards a cashless society it could be a massive player.
What are your opinions on FAANG? And what could be in a position to be the new top dogs going into the next decade? …wee discussion for a bit of fun