Deutsche Bank invented the acronym “MAGS” (Microsoft, Amazon, Google and Salesforce) in December 2015 to describe four high-performing tech stocks.
“FANG” is a similar acronym that stands for Facebook, Amazon, Netflix and Google. “FANTA” stands for Facebook, Amazon, Netflix, Tesla and Alphabet. “NOSH” stands for Nike, O’Reilly, Starbucks and Home Depot.
Wall Street’s going crazy over a group of technology stocks called ‘MAGS’ — here’s why Eugene Kim
December 16, 2015
But there's a new acronym in town that stands for the four best-performing tech stocks on the enterprise tech side: "MAGS," or Microsoft, Amazon, Google, and Salesforce.
The acronym itself may not have entirely caught on with the mainstream yet, but according to a Deutsche Bank note on Wednesday, the MAGS stocks have far outperformed the rest of the pack over the past year, and will continue to show huge upside.
There was FANG and now MAGS. Facebook, Amazon, Netflix, Google, Microsoft, Salesforce. Oracle is not where to be found.
6:50 PM - 16 Dec 2015
The Nascent Melon
MAGS is the new FANG
9:10 PM - 16 Dec 2015
1st FANG and now MAGS acronym??? ($MSFT, $AMZN, $GOOG, $CRM)
Give me a break!
Run, don’t walk…
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10:43 PM - 16 Dec 2015
New York City • Banking/Finance/Insurance • Wednesday, December 16, 2015 • Permalink