The infamous "FANG trade" - owning shares of Facebook Inc FB, Amazon.com, Inc. AMZN, Netflix, Inc. NFLX and Google/Alphabet Inc GOOG proved to be a winning strategy throughout 2015.
Investors will continue debating throughout 2016 if "FANG trade" will yield further out-performance. In the meantime, the Vetr crowd turned incrementally bearish on half of the "FANG trade."
Related link: Here's how crowdsourced ratings can beat the market.
Alphabet Downgraded To 3-Stars
The Vetr crowd downgraded Alphabet's stock rating to 3-stars out of a possible 5-star rating. In fact, shares of Alphabet have fallen to $730.38 since the prior rating of 3.5-stars was issued 15 days ago.
Despite a downgrade, Alphabet is a popular stock as more than 6 percent of the crowd hold the issue in their watch-list. On the other hand, 51 percent of the crowd's ratings are bearish and the crowd sourced price target of $749.85 implies a potential upside of barely 3 percent.
Facebook Downgraded To 3-Stars
The Vetr crowd downgraded Facebook's stock rating to 3-stars out of a possible 5-star rating. In fact, shares of Facebook have fallen to $109.40 since the prior rating of 4.5-stars was issued 14 days ago.
Despite a downgrade, Facebook is a popular stock as more than 10 percent of the crowd hold the issue in their watch-list. On the other hand, 66 percent of the crowd's ratings are bearish and the crowd sourced price target of $110.75 implies a potential upside just shy of 2 percent.
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Posted In: Analyst ColorCrowdsourcingAnalyst RatingsGeneralCrowd Sourced Stock RatingsFANG StocksFANG TradeVetrVetr Crowd
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