Look at the five year stock growth, dark horse among the tech companies for sure
The stock is good sure, but I always figured that FAANG was more about their reputation as employers than it was about their reputation as an investment.
Personally speaking, I do not go to companies for clout but I'm also not interested in bragging to other engineers in the form of xGoog xUber etc
I go for the stock price because those RSUs are my retirement plan.
I think it's the opposite actually. I remember FAANG being used as a reference to hot stocks.