From Nasdaq, Inc.:

In 2023, the “Magnificent Seven” stocks vastly outperformed the S&P 500, but this doesn’t necessarily mean they’ll continue to do so. While these stocks could still be worth owning, their valuations have increased significantly, potentially making it harder to maintain their impressive performance. However, coffee giant Starbucks has the potential to regain its momentum and is a good investment opportunity. Despite the impact of the pandemic, Starbucks had a strong 2023 and is forecasted to achieve significant growth and earnings in 2024, making it a promising buy in January.



Read more: My Top Nasdaq 100 Stock to Buy in January (and It’s Not in the “Magnificent Seven”)