Didier Darcet
21 December 2022

The “French FAANMG”

In a US bust mode, meaning growth is decelerating, a wise equity investor gets rid of their growth stocks and safely turns to consumer staples, consumer discretionary, materials, utilities, or energy.

It’s a tougher decision than it looks, since the top US growth stocks − the FAANMG (Meta, Apple, Amazon, Netflix, Microsoft and Alphabet) − generated so much revenue following the 2008 crisis, they propelled the US stock market high into the sky.

What if growth were not flattening everywhere and across all sectors? What if China reopening, for instance, were to provide an extended leg up?

Any appealing growth stocks and possibly more resilient than the FAANMG left in the market?

Yes, the “French FAANMG”!