COIN - Maximize Your Income Yield With These Magnificent ETFs

2024-05-18 08:27:20 ET

Summary

• Tesla and Apple have delivered negative YTD total returns in 2024, despite being part of the "Magnificent 7 Stocks" in 2023.
• Other growth stocks fueled by the AI revolution, such as AMD, Oracle, and Adobe, are expected to see strong outperformance in 2024.
• Income investors can take advantage of high-yielding income streams from covered call options on stocks like Microsoft and Nvidia through YieldMax ETFs.

You may have heard of the “Magnificent 7 Stocks” that includes Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOG) (GOOGL), Amazon (AMZN), Nvidia (NVDA), Meta Platforms (META) and Tesla (TSLA). They are called that because of their incredible outperformance in 2023, however, not all of them are still magnificent in 2024. In fact, both Tesla and Apple have delivered negative YTD total returns as of May 10, 2024 as shown in this IBD research update on the Mag 7 stocks ....

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