Meet the Only 3 “Magnificent Seven” Stocks Outperforming the Nasdaq Composite Over the Last 3 Months

From Nasdaq: 2024-05-16 09:00:00

The “Magnificent Seven” companies have been market leaders in 2023, with Nvidia, Alphabet, and Amazon outperforming the Nasdaq Composite. Nvidia’s rapid growth is expected to continue, while Alphabet’s recent run-up is fueled by strong legacy businesses. Amazon’s turnaround has driven a monster comeback, but the stock remains expensive based on future earnings estimates. Investors should evaluate each stock’s growth potential and valuation before investing.



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