So you’ve probably heard of the big four banks in Australia, but have you heard of  - FANG stocks?  If you're a Wall Street fan, then you probably know all there is to know about FANG stocks and why they cause so much buzz in the investment world. But for all those who want to learn a little more, let's get down to the nitty-gritty.

What are FANG Stocks?

FANG stocks have been the darlings of Wall Street over the years, and for good reason. They have disrupted traditional industries and created new ones, making them some of the most valuable and innovative companies in the world. 

At a deeper level, FANG stocks are the big four tech giants: Meta Platforms (META), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOGL). The acronym FANG stemmed from the companies' original names: Facebook, Amazon, Netflix and Google. The acronym may sometimes vary, as variations have arisen over time, including the change to FAANG when Apple (AAPL) was added to the mix upon its large success in the market.

Why do they exist?

These stocks belong to some of the most powerful tech companies in the world, which were founded in the early days of the internet and have since grown into some of the biggest at-home names. Meta Platforms connect billions of people around the world through Facebook and Instagram; Amazon has revolutionised the way we shop and become the world’s largest online retailer; Netflix has changed the way we watch TV forever and kickstarted the streaming service industry; Alphabet has transformed and dominated the way we search for information. These companies have not only disrupted traditional industries but have also created new ones, making them some of the most valuable leaders on the planet.

What do they do?

• Meta: Facebook and Instagram, the social media giants, connect people from all over the world, allowing them to share their photos, thoughts, ideas, and experiences with each other.

• Amazon: the e-commerce giant allows people to shop for anything they want from the comfort of their own homes. It has also expanded into other areas, such as cloud computing and advertising.

• Netflix: the streaming giant revolutionised the way we watch TV and movies. It allows people to access an endless library of content from anywhere in the world at any time.

• Alphabet: the parent of search giant Google, which is the go-to source for information on the internet. Its search engine is used by billions of people every day, and it has expanded into other areas such as advertising, cloud computing, and hardware.

Why do investors choose them?

FANG stocks are a popular choice for investors because these companies have demonstrated a strong track record of growth and innovation, making them attractive to investors who are looking for long-term growth potential.

Additionally, FANG stocks have become a staple of many portfolios due to their large market capitalisation and the dominance of the tech sector in the stock market. They have become a symbol of the new economy, representing the growth and innovation that is driving the world forward.

Where can I find FANG in the Douugh app?

We’ve bundled up all the FANG stocks (plus more) in an easy-to-find category for you! Simply head to our explore page and jump into the category section, where you’ll find FANG+, which features Meta; Amazon; Apple; Alphabet; Netflix and more including Alibaba; Baidu Diamondback Energy; Microsoft; NVIDIA; and Tesla (TSLA).

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