After a year in which the world has become even more reliant on the tech giants, it looks like FAANGs are set to get an even bigger bite of the cherry – as analysis from The Edge daringly predicts.
The global dominance and brand awareness of Facebook, Amazon, Apple, Netflix and Google need no explanation here, but after more than a year of a global lockdown due to Covid-19, consumers have relied upon tech giants more than ever before.
But, as US Government regulators like the FTC and House of Representatives’ Subcommittee on Antitrust continue to have Big Tech and monopolistic practices in their crosshairs, if FAANGs follow The Edge’s playbook, they have at least +50% upside for investors over the next five years.
The game plan? Spinoffs.