After a lackluster reaction to yesterday’s WWDC, shares of Apple (AAPL) are set to open modestly lower once again today. Meanwhile, the financial media just can’t get enough of the 1,000 milestones for Amazon (AMZN) and Alphabet (GOOGL). Given the recent attention to AMZN and GOOGL, as well as the other F.A.N.G. stocks (Facebook and Netflix being the other two), one would think that they’d be crushing AAPL in terms of market returns lately. In reality, though, with a 57.2% gain, AAPL has actually outperformed all but one of the F.A.N.G. stocks over the last year. The only one with a better one year return is Netflix (NFLX), which is up 65.7%. The other three stocks are up anywhere from a ‘paltry’ 29.7% to a gain of just under 40%.
Where the F.A.N.G. stocks continue to shine is over a two-year time frame. During this span, AAPL is actually up less than 20%, while the four stocks that make up F.A.N.G. are all up 80%+!