The 1 FAANG Stock to Buy Hand Over Fist for the Second Half of 2021 (and Beyond)
Investors are probably familiar with FAANG stocks by now, seeing how these five companies -- Facebook, Amazon, Apple, Netflix, and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) -- have powered the Nasdaq index to all-time highs in the last decade. The prominence of these five technology companies cannot be overstated, and even during the pandemic, the FAANG fivesome has been responsible for pushing the technology index to a new all-time high.
But if there's one stock among the five that you should be thinking of buying today, it's Alphabet. Originally known as Google, or the "G" in the FAANG acronym, the company changed its name in 2015 to signify that it is far from a conventional business. Although Google is still a core part of Alphabet, the company is made up of a collection of disparate businesses that explore different technologies and industries.
The above, as well as the fact that Alphabet is churning out superb numbers, are good reasons why you should not hesitate to scoop up shares of this internet giant.
Source Fool.com
