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A comment on Ask HN: What tech companies/industries will do well in a recession?.

Re:Ask HN: What tech companies/industries will do well in a ... by samfisher83 on Wednesday April 27, 2022 @02:31PM (#31183910)
Faang companies are printing cash. Instead of making 50bil maybe they will only make 45.
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Re:Ask HN: What tech companies/industries will do well in a ... by screye on Wednesday April 27, 2022 @02:58PM (#31184272)
FAANG companies have P/E ratios orders of magnitude higher than 'traditional' industries. They are expected to make a 'lot of money'. Making 'good money' will lead to stock crashes as we saw with Meta and Netflix.
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Re:Ask HN: What tech companies/industries will do well in a ... by gazarullz on Wednesday April 27, 2022 @03:07PM (#31184385)
faang like facebook or netflix? I think it’s time people stop using this acronym
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Re:Ask HN: What tech companies/industries will do well in a ... by crossroadsguy on Wednesday April 27, 2022 @09:47PM (#31187940)
Even in India people use FAANG where 3 of these are missing. It’s become an equivalent now of top payers who are also stable employers.
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