FAANG to MAGMA


Hi this is just kind of a random thought. With the stagnation and decline of Netflix, I feel as though it shouldn’t be placed with some other big tech names. I also always thought that Microsoft should be included with FAANG even though it is older than the others because it is still a growth tech stock. Because of this, I feel a better grouping to indicate the big names in tech should be MAGMA, losing the N of Netflix and Facebook and gaining the Ms of Microsoft and Meta.


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