From Nasdaq:

Investing in the “Magnificent Seven” tech stocks, including Nvidia, Amazon, Tesla, Apple, Microsoft, Meta Platforms, and Alphabet, proved successful in 2023. Nvidia’s AI leadership led to a 200% revenue growth, while Apple’s cyclical revenue decline and high valuation may make it a risky buy. Meta Platforms has proved itself as growth potential remains. Microsoft’s sky-high market cap and forward P/E ratio make it an unattractive buy. Amazon remains an attractive buy due to its low price-to-cash-from-operations ratio. Tesla’s short-term consequences from price cuts make it an unattractive buy, while Alphabet’s AI potential makes it an effective money-making machine. The Motley Fool emphasizes Nvidia’s absence from their best stocks for 2024, but still offers a blueprint for successful investing.



Read more: Investing Preview 2024: Buy These 4 “Magnificent Seven” Stocks. Avoid the Others.