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Barchart
Barchart
Mohit Oberoi

The Best FAANG Stock to Buy After Earnings

FAANG Amazon Alphabet Apple Netflix Meta Microsoft

Tech companies entered the Q2 earnings season coming off a stellar rally in the first half of the year, having recovered impressively from the sector's significant underperformance in 2022. However, individual earnings results have since uncovered some distinct winners and losers from within the group. 

For example, the earnings season for FAANG companies began with Netflix’s (NFLX) results on July 19, and wrapped up last week when Amazon (AMZN) and Apple (AAPL) released their quarterly reports. While shares of Netflix and Apple fell after their quarterly releases, Amazon, Alphabet (GOOG), and Meta Platforms (META) gained ground. 

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