2024-03-03 07:30:00 ET
The "Magnificent Seven" is a term that CNBC's Jim Cramer coined to describe the leading stocks in today's market. They are:
This group performed well since the calendar flipped to 2023, and some have continued to notch gains in 2024. But I can only pick one best buy among them, and that's Amazon.
Since the start of 2024, the stock is up about 16%, which may make some people question why I think it's a good buy now. But when you dive deeper into the company, it's evident that the stock's 2024 gains are only the tip of the iceberg.
For further details see:
Here's My Top "Magnificent Seven" Stock to Buy Right Now