One FAANG Stock Is Quietly Making New Highs, and One Strateg

One FAANG Stock Is Quietly Making New Highs, and One Strategist Still Sees It as a Buy


Michael Binger, president of Gradient Investments, says Facebook's win streak is not over.
"Facebook is continuing to be a buy for us. We own it I would add more if you don't own it here. It's the best consumer-driven internet play out there in my opinion. They've got a great advertising platform, 18 to 20% growth for the next several years. You're getting that at a reasonable price," Binger told CNBC's "Trading Nation" on Tuesday.
Facebook is the second-best FAANG performer this year, behind Alphabet, rising 22%.
But, that's not the only stock in the bunch that Binger likes. He highlights Alphabet as one of his other top picks. On Alphabet, he says the company is a "leader of the pack" with its Google search and YouTube video platform.

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