{"id":12008,"date":"2023-07-06T16:51:05","date_gmt":"2023-07-06T16:51:05","guid":{"rendered":"https:\/\/tokendices.com\/what-are-matana-stocks\/"},"modified":"2023-07-06T16:51:05","modified_gmt":"2023-07-06T16:51:05","slug":"what-are-matana-stocks","status":"publish","type":"post","link":"https:\/\/tokendices.com\/what-are-matana-stocks\/","title":{"rendered":"What Are MATANA Stocks?"},"content":{"rendered":"

Coinspeaker<\/a>
\nWhat Are MATANA Stocks?<\/a><\/p>\n

To refer to certain sets of technology stocks that lead the stock market, analysts and investors often use terms like FANG<\/a>, FAANG<\/a>, MAANG<\/a>, MATANA, and more.\u00a0Investing in these stock groups can have multiple benefits, such as diversification, compensating for any losses that one of the companies may experience, as well as exposure to growing sectors. Many of these companies focus on rapidly growing sectors, such as artificial intelligence<\/a> (IA), which has become the technological trend of 2023 following the launch of OpenAI’s ChatGPT.<\/p>\n

Furthermore, by hosting the most popular technology companies, these groups have great liquidity, making it very easy to buy or sell their stocks, and providing greater flexibility for investors to invest in other companies. And obviously, the companies included in these groups have historical success in markets.<\/p>\n

For example, FANG is composed of four renowned technology companies: Facebook Inc \u2013 its name was changed to META Platforms Inc<\/a> (NYSE: META), Amazon.com Inc<\/a> (NASDAQ: AMZN), Netflix Inc<\/a> (NASDAQ: NFLX), and Google LLC<\/a> (NASDAQ: GOOGL). Notably, FAANG is an extension of the FANG group, it includes Apple Inc<\/a> (NASDAQ: AAPL), the producer of MacBooks and iPhones, as the fifth renowned company.<\/p>\n

The MAANG group is an extension of FAANG, the term was coined after Facebook was transformed into Meta Platforms. As a result, the “F” letter was replaced with “M”.<\/p>\n

Further in this guide, we will focus on the MATANA group that is expected to make headlines in the coming years, according to analysts.<\/p>\n

MATANA Group Defined<\/h2>\n

The MATANA group is composed of six high-level technology companies: Microsoft Corporation<\/a> (NASDAQ: MSFT), Apple Inc, Tesla Inc<\/a> (NASDAQ: TSLA), Alphabet Inc<\/a> (NASDAQ: GOOGL), Nvidia Corp<\/a> (NASDAQ: NVDA), and Amazon.com Inc.<\/p>\n

These giants are regarded as a powerful tech group driving many of the biggest innovations in the world. In terms of market dominance, the stocks of the MATANA group make up almost 50% of the Nasdaq 100 Index, which tracks the performance of the 100 largest non-financial companies listed on the Nasdaq Stock Exchange<\/a>.<\/p>\n

Therefore, these companies have a significant influence on the tech market’s returns. This has led the MATANA group to replace the FAANG group as a reference in the tech industry.<\/p>\n

Moreover, each of the companies comprising the MATANA group has successfully dominated its respective sector. Below are some milestones these tech giants achieved in 2023.<\/p>\n