What to Expect From FAANG Earnings

Video Credit: The Street
Published on October 17, 2019 - Duration: 01:39s

What to Expect From FAANG Earnings

FAANG is still sticking around.

In case you lived under a hole for the past ten or so years, FAANG stands for Facebook , Apple , Amazon , Netflix and Alphabet .

Stephen 'Sarge' Guilfoyle, Real Money contributor, broke down what he expects from the FAANG names after Netflix reported its quarter after the bell Wednesday, Oct.


"Well, I don't think the rest of the FAANG is in the same boat as Netflix in the least.

I mean, I'm not in the rest of Fang right now.

I do trade in and out of Amazon.

I think it might be going the right way.

Maybe I should get on board.

I don't necessarily trade Alphabet because they haven't gotten along so well with the department of defense in the past.

And if that comes down to a fight, I am with the department of defense, and Facebook, let's face it, although they cause trouble and no one likes them, they have a great business, they have the best advertising business.

I know them.

So I wouldn't be surprised if all three of those have a pretty good earning season.

But if you want to go back to Netflix, I'm not going to bash them.

And I'm not going to say they can't succeed, but I don't know how," said Guilfoyle.

Watch the video for more.

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