21/11/2023
Discover the latest ranking of the world's largest companies based on the market cap🤩
Do you recall the eras of FANG, FAANG, and MAMAA?📉📈
FANG: Facebook, Amazon, Netflix, Google
FAANG: Facebook, Amazon, Apple, Netflix, Google
MAMAA: Meta, Apple, Microsoft, Amazon, Alphabet
Ray Wang, Founder, Chairman, and Principal Analyst of Silicon Valley-based Constellation Research Inc, said the "MATANA" group should be considered the new name for Big Tech stocks instead of FAANG. Wang believes that MATANA companies significantly outperform FAANG by excluding Meta and Netflix and including tech giants Microsoft, Tesla, and Nvidia.
Wang emphasizes that Meta needs a better growth plan beyond advertisements and its foray into the metaverse, while Netflix raises doubts about its growth potential in terms of adding more subscribers.
Additionally, the analyst highlighted that Microsoft is one of the technology companies best positioned to excel in the metaverse, cloud computing, and the gaming industry, which generates trillions of dollars annually.
MATANA: Microsoft, Apple, Tesla, Amazon, Nvidia, Alphabet
Compared to other notable groups like FANG, FAANG, or MAMAA, MATANA offers significant advantages for investors. However, the future of the technology industry, especially with the increasing profits driven by AI, remains uncertain🫣
Refer to the article to know more:
https://www.coinspeaker.com/guides/what-are-matana-stocks/
The world’s largest companies, neatly shown on a single source.
Want to hear some market facts?
• NVIDIA is now worth more than Tesla.
• Apple is the first company in history to near $3 trillion market cap.
• Warren Buffett’s Berkshire Hathaway has $157 billion in cash.