FANGS Exposed

FANGS are in the news. But what are FANGS? Today on www.preciousmetalsinvesting.com   Ted Sudol and Paul Mladjenovic, author of Stock Investing for Dummies, High Level Investing For Dummies, Precious Metals Investing For Dummies and High Level Investing For Dummies discuss FANGS. FANGS stand for Facebook, Amazon, Netflix and Google. At today's high prices is it a good investment? An important piece of data to look at is the price to earnings ratio. As recently reported although Amazon's sales were at record levels they were only making a tiny sliver of profit. Whenever you are looking at a stock in a slowing market a P/E ratio of over 900 as Amazon's was a few weeks ago is an extreme danger sign. At hyper heated levels like this investing in the precious metals makes them a bargain. Twitter for instance doesn't even make a profit. So what is to justify the stratospheric level of the FANGS prices at these astronomical P/E ratios?