From Nasdaq:

The Motley Fool podcast discusses the current unrealistic premium of the “Magnificent Seven” stocks and suggests alternative investment areas. They analyze holiday e-commerce and retail numbers, the end of Walgreens Boots Alliance’s Dividend Aristocrat status, and two worth-watching stocks Uipath and Pebblebrook Hotel Trust. They also share timeless investing advice and inspiration for 2024. The podcast concludes with a plug for investing and a disclaimer about stocks not recommended for purchase. The recording was done on January 05, 2023.

Senior analysts Matt Argersinger and Jason Moser shared that “Magnificent Seven” companies had high returns last year. Major companies like Tesla, Meta, and Amazon more than doubled their values. Jason adds that recent downgrades for Apple might indicate a possible time to buy due to multiple expansion. He also claims that Apple’s services side might make up for complications with its hardware side.

Senior analysts Matt and Jason discuss the realistic possibility of the “Magnificent Seven” becoming the “Lag Seven” in 2024 due to the decline in prices. They suggest that if price declines occur, they would be a great opportunity to invest in these stocks. They discuss the importance of not selling stocks despite their decline, as well as the possible future financial success of the ‘Magnificent Seven’ companies.



Read more: Are the “Magnificent Seven” Really That Great?