I think that you have to be more creative than FAANG stocks to see high returns…
Crescat Capital wrote in their Q2 2016 letter than they were long on NVidia Inc.
In Fact, NVidia outperformend all FAANGS in 2015 and they are all customers of NVidia.
They said that NVidia was attractive for a number of reasons:
• Owned 10,000 patents
• Invented GPU
• Own high performance computers, e.g. ai, , virtual reality and autonomous cars…
• Leader in video game graphics semi-conductors, a growth market in which it is the leader
This is what Crescat’s team had to say:
It’s definitely worth a look!