FAANG 2.0: The Energy Crisis Is Ushering In A New Era Of Growth Stocks

Over the past decade or so, investing in the U.S. stock market has been pretty straightforward: buy the big names in tech, rinse, repeat. The famous quintuplet of Meta Inc. (NASDAQ: FB) (formerly known as Facebook), Amazon Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL) Netflix Inc.(NASDAQ: NFLX) and Alphabet Inc. (NASDAQ: GOOG)) (formerly known as Google) became so dominant that they made up 20% of the S&P 500 at their peak. But Putin’s war in Ukraine and the global energy crisis have dramatically altered that playbook. This year, all…