"Bye-bye FAANG, hello MAMAA," the "Mad Money" host said on Thursday's show. "What really matters here, as I always say about MAMAA, is that the secret of their valuation is that they're all in the habit of reinvention. That's why I love them so much."
Source: wiktionary
While two big components of the MAMAA acronym, Apple and Amazon, both saw declines in their stock price on Thursday and Friday, Cramer said investors should focus on the bigger picture.
Source: wiktionary
Nevertheless, a number of tech stocks have returned handsomely this year and outperformed MAMAA's returns. These stocks have benefited from the stay-at-home trend that has driven demand for web-based services like e-commerce, contactless payment and delivery.
Source: wiktionary
With MANAMANA we capture an enormous swath of the American technology industry. With the addition of Adobe and Nvidia, this bellwether gains exposure to two segments of the technology that FANG, FAANG, FANAMA and MAMAA miss: creation and publication, and the power behind graphics processing units.
Source: wiktionary
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