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Will Inclusion in Jim Cramer’s FAANG Affect Microsoft Prices?

Jim Cramer, in his Friday Night’s Mad Money Program, wants to replace Netflix in his FAANG acronym with Microsoft. FAANG comprises Facebook, Apple, Amazon, Netflix and Alphabet Inc. (Googl). However, as Netflix prices are on a negative trend, Jim thinks of swapping the stocks. The news has accelerated Microsoft’s share price growth. Prices are above the rising 40-week moving average line. MSFT has a bullish prediction, a potential price target of $181 is being projected. 

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Jim Cramer is an American television personality. He is also the host of CNBC’s Mad Money and a co-founder of TheStreet.com

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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