MILTON-FREEWATER — Amid a floor plan outlined only in strips of blue tape, Ben Winters held his arms aloft and walked this way and that in the wide-open lobby.
The S&P 500 closed at 4,514.02, up 2.5% for the week; the Dow Jones at 34,947.10, up 2%; the tech-heavy Nasdaq at 14,125, up 3.1% and the small-cap Russell 2000 at 1797.77, up 5.8%.
The "FAANG" acronym is used to describe a group of popular tech and tech-adjacent stocks. But what are FAANG stocks and are they a good investment? "What are FAANG stocks" is a question newer investors may ask when they hear the once-popular phrase "FAANG stocks" tossed around.In 2013, CNBC commentator Jim Cramer coined "FANG" as an acronym for Facebook – now Meta Platforms (META) – Amazon.com (AMZN), Netflix (NFLX) and Google, which is now Alphabet (GOOGL). He wanted to find a quick way to desc