Apple, Google, and Amazon look like great buys during this downturn in the economy especially for the big five tech stocks, or FAANG. With the recent falling of the stock market, some of the big technology companies look like very attractive buys with great value indicators — and they are still great companies to consider.

The tech stocks, in particular, have taken a beating as they seem to be suffering from multiple changes in the economic environment. Rising inflation then turns to rising interest rates, which may curb some of the growth in the economy. But they are also caught in the middle of the trade war with China over intellectual property protection, and other geopolitical issues. The recent decline in the market has made for some attractive buying opportunities and some of the valuation measures seem to offer some great value.

The FAANG (Facebook, Apple, Amazon, Netflix, Google) stocks are made up of Facebook, Apple, Amazon, Netflix and Google, and are collectively known as FAANG, and have declined in price with the market — but that can be a great buying opportunity should some external factors change.

Facebook: Facebook is a social media giant in terms of market size and number of users, but there has been some recent trouble at the top, which has spilled into the public recently, though, from Facebook, most notably the tension it seems from its founder, Mark Zuckerburg, and his COO Sheryl Sandberg. The Price-earnings (PE) ratio is not bad, with a PE ratio of 19 the valuation is attractive as well but what is troubling many investors is the issues coming from politics and internal management problems.