Now that the FANG stocks have dropped everyone is looking to buy on the dip. These FANG stocks are very large and have a history of success. But if history is a guide many of them may underperform for decades going forward.
Remember INTEL, IBM, CSCO, and AMD? They were not the high-flying no-earnings dot.com companies everyone remembers crashing in the 2000-2003 period. Instead, they were hugely successful companies that boomed in the 1980s and 1990s. Lots of revenue and profits.
But they crashed in the early 2000s and never really came back strong. An investment in these companies in 2000 will still give you a return significantly below a total stock market fund.
Will Facebook, PayPal, Amazon, and Microsoft going forward follow the lead of CSCO, AMD, IBM, and Intel?
Submitted February 05, 2022 at 07:03AM by BunChargum https://ift.tt/clK0pRj
