‘We gotta get Netflix the hell out of FAANG’

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: CNBC’s Jim Cramer, who popularized the acronym FAANG, said on Thursday that it’s time to take out Netflix and replace it with Microsoft.

Source: CNBC.com – video report

Date: Oct 03, 2019

Link: https://www.cnbc.com/2019/10/03/cramer-we-gotta-get-netflix-the-hell-out-of-faang.html

Questions for discussion:

What are the FAANG group?

  • Why do you think they are considered an important indicator of industry performance?
  • Do you agree with the suggestions made in the report to replace Netflix?

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