Seven stocks have dropped significantly due to market sell-off, but Alphabet, Amazon, and Meta are strong.
From Nasdaq: 2025-04-14 04:51:00
The “Magnificent Seven” stocks have taken a hit, with all seven plunging by double-digit percentages due to the tariff-fueled market sell-off. Most dropped more than 20%.
Alphabet, parent company of Google, is in a strong financial position, with $350 billion in revenue and profits over $100 billion. Its cash position is nearly $96.7 billion.
Amazon’s financials are impressive, with nearly $638 billion in revenue and profits totaling $59.2 billion. The company’s cash stockpile is over $101 billion.
Meta Platforms might not stack up financially against Alphabet and Amazon, but its 2024 revenue of $164.5 billion and earnings of $62.4 billion are solid. Meta’s cash position is $77.8 billion.
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Read more at Nasdaq: 3 Beaten-Down “Magnificent Seven” Stocks to Buy and Hold
