Investors who actively follow the stock market might be familiar with the FAANG acronym. It conveniently groups together some of the largest modern technology companies in the world, namely:
The five stocks are known for their soaring long-term returns, with Amazon, Apple, and Alphabet each worth over $1 trillion today. While they're still some of the greatest companies investors can buy, there might be a new generation of FAANG stocks emerging.
A panel of three Motley Fool contributors has just coined the CASH acronym, covering Cloudflare (NYSE: NET) , Advanced Micro Devices (NASDAQ: AMD) , and Shopify (NYSE: SHOP) . Here's what makes them worth buying.
For further details see:
Missed Out on the FAANG Stocks? Buy the CASH Stocks Instead.