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This Includes some of the famous FAANG stocks. Plus, other popular overpriced tech stocks are also getting hammered.
The old tech stock winners are getting crushed in 2022.
Here’s the thing…
The FAANG stocks are now old-school. They’re giants. Their years of hyper growth are a thing of the past. Some may even be on the way to becoming dinosaurs.
Daily Profit readers have seen my warnings of a stock market crash.
And my prediction of a major selloff among recent tech stock winners.
The FAANG stocks are quickly being replaced with next generation technology.
They’re called MACE stocks. And they’re at the center of the biggest tech innovations for the coming decade.
Go here to discover WHY I’m investing $100,000 of my own savings in MACE stocks. And you’ll discover just how high these stocks could soar.
Just look at some of the top losers – in the first 36 days of 2022:
- Robinhood -20%
- Snowflake -24%
- Coinbase -28%
- Facebook -29%
- Netflix -32%
- Palantir -32%
- Unity Software -35%
- Square -37%
- MicroStrategy -38%
- Shopify -41%
The losses are staggering.
The Technology Select Sector ETF (NYSE: XLK) tracks the overall tech sector.
It’s posting a 9% YTD loss.
However, you’ve seen that many of the previous tech stock winners are down considerably more.
Lots of folks are selling these stocks while they’re down. Others are reluctantly holding onto these stocks – unwilling to realize a sizable loss.
Yet the smartest investors are using the downturn to uncover new opportunities (go here for my top 5 MACE stocks).
They’re not simply looking to buy Microsoft (NASDAQ: MSFT) after an 8% drop. Or scoop up Facebook (NASDAQ: FB) after its 30% plunge.
So, what exactly are MACE stocks?
Although you probably haven’t heard of MACE yet – soon EVERYONE will be talking about it.
The good news is that you still have time to get a first-mover advantage when it comes to the MACE race.
And a chance to turn even a small investment into a sizable fortune.
Go here for urgent details on the top 5 MACE stocks.
Yours in Wealth,
Ian Wyatt
CNBC Says FANG Stocks Are Dead – Buy These Instead: I’m taking $100,000 of my savings – and I’m going “all in” on new next-generation tech stocks. They’re called the MACE stocks. And they stand to topple Facebook and the other tech giants. Go here for urgent trade details.