2024-03-28 06:45:00 ET
Few stocks have outperformed the "Magnificent Seven" in recent years. All seven have seen their share prices rise by more than 400% during the past decade; some have even skyrocketed by nearly 20,000%!
Only one stock among the seven -- Tesla (NASDAQ: TSLA) -- has posted a negative return during the past three years, losing roughly 16% of its value.
Prominent investors like Jim Cramer are now calling for Tesla to be removed from the Magnificent Seven. While it probably won't be chosen as Tesla's replacement, there's one $900 billion business that should be strongly considered. It isn't as tech focused as the rest of the group, but it stands a good chance of becoming the next $1 trillion company.
For further details see:
Will This $900 Billion Stock Replace Tesla in the "Magnificent Seven"?