The Market is Missing Breadth Many of the conversations in the media about the stock market revolve around Apple, Amazon, Google, Microsoft and Facebook. It makes sense that these stocks are a common point of discussion; they are very widely owned, have performed exceptionally well, and even have their own acronym — the “FAAMG” stocks. With valuations rising to extraordinarily high levels many market analysts have focused on explaining why the FAAMG stocks are much better companies than the top tech names during the “tech bubble,” where valuations reached similar levels.