Which “Magnificent Seven” Stocks Are Attracting More of the Big Money?

From Nasdaq: 2024-03-30 05:48:00

Institutional investors like investment firms and pension funds play a significant role in impacting stock momentum. Among the “Magnificent Seven” companies, Nvidia is attracting the most big money, followed closely by Amazon and Alphabet. These companies are benefiting from the generative AI boom, making them attractive picks for institutional investors.

Meta Platforms and Tesla are also popular among big investors, though not to the same extent as Nvidia, Amazon, and Alphabet. On the other hand, Microsoft and Apple are the least favored among institutional investors. While following institutional investors’ moves can be a smart strategy, it’s essential to remember that past transactions may not reflect current sentiment.

Despite the risks and challenges faced by all Magnificent Seven stocks, each has solid long-term prospects. Even small investors can benefit from holding onto these stocks for the long haul. When considering investing in Apple or any other stock, it’s crucial to look beyond institutional moves and conduct thorough research to make informed decisions.



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