FANG is Over…Here’s the New Acronym That Will Lead in 2021

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 16 December 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

There’s been a recent divergence in the performance of the Big Tech titans that have ruled the market for so long. So we ask the question: what’s the new set of stocks to lead the way in the new year? Plus Bank of America’s Savita Subramanian and, with less than 10 days to go ‘til Christmas, how to play the big names in retail.

Transcript

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0:00.0	I'm Melissa Lee and this is Fast Money tonight's trader
0:04.1	lineup Guy Dami Tim Seymour Pete Nigerian and James McDonald tonight on
0:08.0	fast the retail rush is on just nine shopping days left until Christmas so who's going to win this
0:14.1	holiday season get ready fast money fans because we are
0:17.1	unrapping a brand new game stick around to fight out more plus bank of America
0:22.0	so if you supermanian says it is time to hit the cell button why she's
0:24.8	wringing the register heading into the new year.
0:27.2	Plus, check out the move in these two pot stocks, Tilley and Afria, soaring in the after hours on
0:31.6	deal talks. We'll bring you the details, give you the trader's take straight. Freya soaring in the after hours on Deal Talks.
0:32.7	We'll bring you the details,
0:33.7	give you the trader's take straight ahead.
0:35.3	But we start with the standout stock in today's rally.
0:38.1	Check out shares of Apple.
0:39.7	Shares zooming higher and report that the company
0:41.6	will ramp up iPhone production by 30% in the first half of next year.
0:45.7	If you caught the show last Wednesday, you will remember that we discuss these dueling calls that were out that day on Apple.
0:51.8	Morgan Stanley reiterating its
0:53.1	about buy call on the stock betting on a strong holiday quarter while
0:55.9	Goldman reiterated its cell call specifically pointing to iPhone weakness. Guy, it
1:01.5	looks like round one goes to Morgan Stanley, but ultimately who wins?
1:08.0	It's interesting because Pedro was on the show last week and Mel, where were you on March 29, 1987?
1:14.8	Do you remember by any chance?
	...

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