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FANG's Must-See Earnings Charts

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This is the week that investors love.

Even though it’s not the busiest week in earnings season, with just about 400 companies reporting, it includes some of the biggest, most glamorous technology and social media companies on the planet.

These are the stocks we all own.

The so-called “FANG” stocks, and the FANG-like stocks like Alibaba, have seen their shares soar in 2017, but many are worried about valuation and the possibility of a “melt-up” in some of these stocks.

Just what do their earnings surprise track records look like? And does it matter if they miss or beat or will investors still push the shares higher?

This quarter, there’s a lot of anticipation surrounding these stocks.

Will they live up to the hype?

This Week’s 5 Must-See FANG Earnings Charts

1.    Facebook has put together 9 beats in a row, which is pretty solid. Investors are worried about the changes in the newsfeeds to the timeline and how that will impact advertising revenue, among other things. Often left in the shadows is Facebook’s Instagram. Be on the lookout for any details about that side of the business which is fast approaching a billion users.

2.    Alibaba (BABA - Free Report) has missed twice since its 2014 IPO but shares have broken out to new highs once again. This is a play on China, but also on India and some other parts of Asia. Can it continue to see the big revenue growth?

3.    Amazon (AMZN - Free Report) doesn’t have the best FANG earnings beat track record, but does anyone care? It’s seemingly in nearly every aspect of the global economy. Be sure to watch for any information about Whole Foods now that it has owned it for a full quarter.

4.    Alphabet (GOOGL - Free Report) has one of the worst track records of beating among the FANGs but that hasn’t stopped its shares from hitting new 5-year highs. It has beat 3 quarters in a row, though, so maybe it has turned over a new leaf and will be beating more consistently.

5.    Apple (AAPL - Free Report) has the best 5-year track record of the FANGs this week. It has only missed twice in that time period. That’s an impressive track record for any company. While everyone is concerned about iPhone X sales, be sure to watch revenue from its content, specifically iTunes and Apple Podcast. Content could be the real hidden weapon for Apple in the future.

[In full disclosure, the author of this article owns shares of FB, AMZN and GOOGL in her personal portfolio.]

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