Buying one share of each of the "Magnificent Seven" stocks may not be the best financial choice.

From Nasdaq: 2024-05-04 09:09:00

The “Magnificent Seven” comprises Microsoft, Apple, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla. Buying one share of each may seem simple, but it’s not the most financially rewarding approach due to varying stock prices. A better option may be investing in a fund with high exposure to these companies, such as Vanguard Growth ETF or Vanguard Mega Cap Growth ETF. Building a clear investment thesis for each company can help make informed decisions and avoid costly mistakes. Consider factors like business operations, industry trends, analyst expectations, and valuations when constructing an investment thesis for stocks like Microsoft, Apple, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla. It’s important to understand what drives earnings growth and make choices based on your objectives and risk tolerance. The Motley Fool Stock Advisor team recommends the 10 best stocks to buy for potential high returns, so consider all options before investing in Nvidia or any other stock.



Read more at Nasdaq: Should You Buy 1 Share of Each “Magnificent Seven” Stock?