Watch 11 market experts debate FANG stocks and the tech sector

Watch 11 market experts debate FANG stocks and the tech sector

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/04/apple-amazon-google-netflix-facebook-stocks.html

Before Apple's record run to $1 trillion on Thursday, the tech sector was almost in trouble. The so-called FANG group—made up of Facebook, Amazon, Apple, Netflix and Google's parent Alphabet — was in correction mode by Monday, and market watchers were talking about a move out of the high-growth companies.

"We see kind of a rotation away from those leadership areas in tech — in particular FAANG and similar names — moving toward financials, moving toward energy," Tobias Levkovich, chief U.S. equity strategist at Citi, said Monday on "Squawk on the Street." "Kind of a growth-to-value rotation."

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