Citigroup goes all in on the 'FANG' bet

Citigroup goes all in on the 'FANG' bet

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/14/citigroup-goes-all-in-on-the-fang-bet.html

For the first time in six years, Citigroup is going all-in on four of the best-known internet stocks.

The firm said Monday it now has a "buy" rating on Facebook, Amazon, Netflix and Alphabet (formerly called Google), which are often referred to by the acronym "FANG." These technology stocks led a record-breaking bull run of the last nine years.