What are the stocks in the magnificent seven?
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. The Magnificent Seven stocks are among the best stocks to buy and watch in the stock market today.
Bank of America strategist Michael Hartnett coined the term "Magnificent 7" stocks for the most dominant tech companies. The group is made up of mega-cap stocks Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), Meta Platforms (META), Tesla (TSLA) and Nvidia (NVDA).
The Magnificent Seven stocks — S&P 500 giants Amazon.com (AMZN), Apple (AAPL), Google parent Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) — have been grouped together since the start of the bull market in January 2023.
- Apple (AAPL)
- Microsoft (MSFT)
- Alphabet (GOOG and GOOGL)
- Amazon (AMZN)
- NVIDIA (NVDA)
- Tesla (TSLA)
- Meta Platforms (META)
This group consists of Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla.
- Apple (AAPL): 7.05%
- Microsoft (MSFT): 6.54%
- Amazon (AMZN): 3.24%
- NVIDIA (NVDA): 2.79%
- Alphabet Class A (GOOGL): 2.13%
- Tesla (TSLA): 1.95%
- Alphabet Class C (GOOG): 1.83%
- Berkshire Hathaway (BRK.B): 1.83%
The K-10 stocks have been given the names of Ketan Parekh's favorite businesses. Aftek Infosys, Global Trust Bank, SSI Pentamedia Graphics, HFCL, Silverline Technologies, Ranbaxy, Zee Telefilms, and GTL soaring were among them.
Best MLP stocks
As of mid-2023, there were about 60 publicly traded MLPs. Most of the biggest MLPs are in the oil and gas midstream (i.e., pipeline) sector.
Based on analyst ratings, Nvidia's 12-month average price target is $703.30. What is NVDA's upside potential, based on the analysts' average price target? Currently there's no upside potential for NVDA, based on the analysts' average price target.
Over the eleven-year period, the cumulative market capitalization of the seven companies has risen from $1.1 trillion in 2012 to $12 trillion in 2023, rising from 7.97% of overall US market cap in 2012 to 24.51% of overall market cap at the end of 2023.
How much do magnificent 7 stocks contribute to the S&P 500?
The "Magnificent Seven" tech stocks — Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA) — make up 29% of the S&P 500's market cap.
If you're a fan of the “magnificent seven,” one exchange-traded fund you'll want to consider is the Roundhill Magnificent Seven ETF (NASDAQ:MAGS). As the name suggests, this stock gives you exposure to these top tech stocks.
In 2023, Bank of America analyst Michael Hartnett began using the phrase "Magnificent Seven" to describe these stocks, borrowing from the 1960s Western movie of the same name.
The Magnificent Seven stocks are a group of high-performing and influential companies in the U.S. stock market: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA, and Tesla. Bank of America analyst Michael Hartnett used the film name in 2023 when commenting on these seven firms.
With its 3-star rating, we believe Tesla's shares are fairly valued compared to our long-term fair value estimate. In 2024, we forecast Tesla will see a far slower growth rate, with deliveries increasing just 10% to a little under 2 million, from a little over 1.8 million in 2023.
And it has been paying an annual dividend for years—though a highly variable one that came down from $2.88 per share in 2022 to $1.50 in 2023. Still, that translates into a 5%-yield today.
| Stock Symbol | Market Price Rs | 1-year Returns (%) |
|---|---|---|
| NTPC | 177.90 | 24.38 |
| HINDUNILVR | 2,535.00 | 22.04 |
| LT | 2,169.00 | 21.23 |
| EICHERMOT | 3,000.05 | 21.08 |
| Stock | Sector | Market capitalization |
|---|---|---|
| American Express Co. (AXP) | Financials | $154 billion |
| Johnson & Johnson (JNJ) | Health care | $377 billion |
| W.W. Grainger Inc. (GWW) | Industrials | $48 billion |
| Intel Corp. (INTC) | Information technology | $183 billion |
| Company (Ticker) | Forward P/E Ratio |
|---|---|
| Intuitive Surgical (ISRG) | 52.8 |
| Lear (LEA) | 7.4 |
| Trex (TREX) | 41.7 |
| Union Pacific (UNP) | 19.7 |
The Big Bull is a 2021 Indian Hindi-language biographical crime drama film directed and written by Kookie Gulati, based on stockbroker Harshad Mehta who was involved in financial crimes over a period of 10 years during 1980–1990. The film stars Abhishek Bachchan, Ileana D'Cruz and Nikita Dutta.
What stocks are Millennials buying?
| Popularity rank | Company | Symbol |
|---|---|---|
| 1 | Tesla | (TSLA) |
| 2 | Apple | (AAPL) |
| 3 | Amazon.com | (AMZN) |
| 4 | Microsoft | (MSFT) |
The top five stocks were Microsoft, Cisco (CSCO), Exxon Mobil (XOM), GE (GE), and Intel (INTC); they represented 18% of the index.
MLPs are considered relatively low-risk, long-term investments, providing a slow but steady income stream. MLPs are usually found in the natural resources, energy, and real estate sectors.
While MLPs have historically delivered higher total returns than stocks and bonds, they have also been much more volatile. For this reason, MLPs are not bond substitutes and should be considered part of the equities allocation of your overall portfolio, not fixed income.
The Bottom Line. Master limited partnerships (MLPs) carry the best of both private partnerships (tax benefits) and publicly traded companies (liquidity). General partners provide all operational services and MLPs are low-risk, long-term investments.
