Musings on Markets: FANGAM Stock Valuations and Investment Analysis (February 2022)

Damodaran revalues the six largest US tech stocks (Facebook, Amazon, Netflix, Google, Apple, Microsoft) in February 2022, analyzing their financial performance over 18 months and assessing their investment appeal based on updated narratives around privacy, competition, and regulatory pressure. He concludes that Facebook appears undervalued despite muddled messaging, Netflix remains overvalued despite recent declines, Microsoft and Apple warrant holding, Amazon is attractive for re-entry, and Google is overvalued relative to its strong performance.