The Magnificent Seven: Tech Stocks Dominating the Market in 2024
TL;DR Summary
Big tech stocks, collectively known as the Magnificent Seven (Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla, and Meta Platforms), have surged 75% in 2023, outpacing the remaining 493 companies in the S&P 500, which have only risen 12%. This dominance highlights the market leadership of big tech stocks in the current year.
- It's the Magnificent Seven's Market. The Other Stocks Are Just Living in It. The Wall Street Journal
- Tech Stocks to Buy in 2024. Barron’s Top Predictions. Barron's
- ‘Magnificent Seven’ up for another bull run? What to expect from technology stocks in 2024. MarketWatch
- How To Invest In Magnificent Seven Stocks Like Nvidia In 2024 Investor's Business Daily
- The New Magnificent 7 Stocks: 7 More Players Rising to Prominence InvestorPlace
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