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Alphabet, Amazon and Facebook Have the ‘Wind At Their Back’ Ahead of Earnings (FANG stocks)

May 19, 2023
in Trade Tube
Reading Time: 1 min read
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The remaining FANG stocks report earnings this week: Amazon AMZN , Alphabet GOOGL and Facebook FB .

These companies have the ‘wind at their back’ according to Sam Stovall, chief investment strategist at CFRA.

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The S&P 500 tech sector is trading above where it was in March 2000, but Stovall said the comparison isn’t apples to apples.

source

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