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Faang stocks are ‘broken’ — here are the companies to watch
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They were some of the biggest winners during the Covid pandemic, but now Faang stocks are "broken". That's according to Stephen Yiu, who manages the £1bn Blue Whale Growth fund.
Technology stocks have endured a terrible start to 2022, with the Nasdaq Composite index down by more than 14% since January. Concerns continue to mount that some of the world's biggest tech companies will struggle in a rising interest rate environment.
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