S - 2 Trillion-Dollar Magnificent Seven Stocks to Buy Hand Over Fist in April (Hint: Neither of Them Is Nvidia)
2024-04-07 06:29:00 ET
The "Magnificent Seven" is a collection of the world's largest technology stocks. They earned the name last year when they delivered an average gain of 112%, which crushed the 24% return of the S&P 500 index. The seven stocks include:
Some members of the group are faltering in 2024, with Tesla stock sinking 33% and Apple down by 12%. By comparison, the S&P 500 is up 9% this year and is trading near an all-time high.
But even though some of the Magnificent Seven stocks are trailing the market right now, others like Microsoft and Amazon continue to outperform. Here's why those two businesses are a buy this month, even though they are trading near their best-ever levels.
For further details see:
2 Trillion-Dollar "Magnificent Seven" Stocks to Buy Hand Over Fist in April (Hint: Neither of Them Is Nvidia)