D - 3 Magnificent Seven Stocks With 45% to 84% Upside in 2024 According to Certain Wall Street Analysts
2024-02-02 04:55:00 ET
Last year was a banner year for the so-called "Magnificent Seven" stocks. These industry leaders were among the top performers in the Nasdaq Composite in 2023, helping the tech-centric index push out of its slump and notch gains of 43% for the year. It now sits about 4% below a new all-time high, which will mark the final criteria signaling the arrival of the next Nasdaq Composite bull market. Here's a breakdown of how the group performed in 2023:
Despite these average-busting performances, some believe additional upside remains. In fact, a trio of Wall Street analysts suggest that three of these stocks still have upside potential of between 43% and 82% over the coming year or so.
Image source: Getty Images.
For further details see:
3 "Magnificent Seven" Stocks With 45% to 84% Upside in 2024, According to Certain Wall Street Analysts