FAANG stocks haven't been able to keep this stock market afloat amid the 2022 bear market. Though big tech may have been the last domino to fall, they're more than likely to land on their feet, unlike the many speculative and unprofitable innovative tech companies that have crashed hard. Indeed, it's quick to conclude that FAANG's glory days are over. Some of the names within the basket have lost more than 70% of their value. Indeed, that's a decline that's tough to recover from. Last week, the FAANG stocks took off as the CPI numbers caused many growth-savvy investors to go from bears to bulls.
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