What are the magnificent 7 stocks for 2024? (2024)

What are the magnificent 7 stocks for 2024?

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the first quarter of 2024 has shown a big divergence of returns.

What stocks are predicted to skyrocket in 2024?

10 Best Growth Stocks to Buy for 2024
StockExpected Change in Stock Price*
Tesla Inc. (TSLA)61%
Mastercard Inc. (MA)14.2%
Salesforce Inc. (CRM)7.2%
Advanced Micro Devices Inc. (AMD)11.3%
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7 days ago

What are the new magnificent 7 stocks?

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the first quarter of 2024 has shown a big divergence of returns.

Which stocks to buy for long term 2024?

Top 10 Long Term Stocks to Buy in 2024
Stock NameSub-sectorMarket Cap (in Cr)
Solar Industries India LtdMaterials₹58,432
Persistent Systems LtdInformation Technology₹63,398
Tata Elxsi LtdInformation Technology₹47,362
PI Industries LtdMaterials₹51,157
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Feb 26, 2024

What is the cheapest magnificent 7 stock?

Investors should take a closer look at Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) in particular. Trading at a forward price-to-earnings (P/E) ratio of just 21.8, this tech giant is the cheapest of all the Magnificent Seven stocks based on this popular metric.

What stocks are most likely to double in 2024?

(NYSE:W), Match Group, Inc. (NASDAQ:MTCH), and Palantir Technologies Inc. (NYSE:PLTR) are some of the stocks that will double in 2024, besides StoneCo Ltd. (NASDAQ:STNE).

Which Magnificent 7 stock is better?

While each of the Magnificent Seven has significantly outperformed the S&P 500's return in the past decade, Nvidia's roughly 21,540% gain is about 18 times the total return of any of the other six stocks.

What are the Super 7 stocks?

CNBC's Jim Cramer on Friday reviewed the "Super Seven," mega cap European stocks Citi recently named as alternatives to the Magnificent Seven, but with lower valuations. The Super Seven are: Novo Nordisk, ASML, LVMH, Richemont, SAP, Schneider Electric and Ferrari.

What are the majestic 7 stocks?

The Magnificent Seven stocks — comprising Apple Inc., Google parent Alphabet Inc., Amazon.com Inc., Facebook owner Meta Platforms Inc., Microsoft Corp., Nvidia Corp. and Tesla Inc. — had driven the biggest gains in the S&P 500 last year.

What are the seven stocks to buy and hold forever?

7 of the Best Long Term Stocks to Buy and Hold
StockMarket CapitalizationSector
Colgate-Palmolive Co. (CL)$73 billionConsumer staples
Sysco Corp. (SYY)$41 billionConsumer staples
Coca-Cola Co. (KO)$261 billionConsumer staples
S&P Global Inc. (SPGI)$134 billionFinancials
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7 days ago

Which stock will be multibagger in 2024?

Best Multibagger Penny Stocks for 2024
S NoNameIndustry
1Teamo Productions HQ LtdFinance
2Kaushalya Infrastructure Development Corporation LtdHotels & Restaurants
3Smart Finsec LtdFinance
4Pressure Sensitive Systems LtdPackaging
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Mar 12, 2024

Which stock is best for 2025?

10 Multibagger Penny Stocks for 2025
Name of the ShareBook Value (₹)YTD (%)
Exide Industries148.6963.97
Bajaj Hindusthan Sugar Ltd33.8062.79
South Indian Bank33.8743.88
Urja Global Ltd2.6353.27
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Dec 20, 2023

Which share will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.396.10
2.Refex Industries134.20
3.Tanla Platforms819.70
4.M K Exim India74.62
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What is the most expensive stock to own?

  • The most expensive stock listed on U.S. exchanges is Berkshire Hathaway. ...
  • The main difference between Berkshire Hathaway's Class A and Class B shares, aside from their price, is that the Class B shares don't have as much voting power as the Class A shares.
Feb 28, 2024

What are top 10 most expensive stocks?

Top 10 Most Expensive Stocks with Performance
CompanyMarket CapBook Value Per Share
Berkshire Hathaway Inc.781.834B363,303.28
Lindt & Sprüngli AG25.514B18,698.74
Next Plc10.861B9.06
Seaboard Corporation3.584B4,449.60
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Jan 23, 2024

What is the most expensive single stock right now?

Berkshire Hathaway is the world's most expensive stock.

Should I invest in 2024?

Small-cap stocks are trading at attractive valuations as analysts see the possibility of a rebound in 2024. The time could be right for locking in rates on long-term, high-yield bonds. Commodities may be poised for gains as demand outpaces supply.

Will stocks go back up in 2024?

For now at least, analysts are anticipating S&P 500 earnings growth will continue to accelerate in the first half of 2024. Analysts project S&P 500 earnings will grow 3.9% year-over-year in the first quarter and another 9% in the second quarter.

Which stock will go up in next 5 years?

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Brightcom Group13.80
2.Rama Steel Tubes14.40
3.Easy Trip Plann.42.80
4.Radhika Jeweltec64.65
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Are the magnificent seven overvalued?

Investors' concerns that the Magnificent Seven bubble may soon be about to burst could be completely unfounded, according to new analysis from JPMorgan, which argues the top-performing tech stocks are actually undervalued compared to rival stocks.

What are the three best stocks to buy?

The 8 Best Stocks To Buy Now
Company (Ticker)Forward P/E Ratio
Humana (HUM)13.9
Fidelity National Information Services (FIS)13.4
Citigroup (C)8.0
Lear (LEA)7.7
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Mar 5, 2024

What is the smartest stock to buy?

Best stocks to buy
CompanyTicker symbol
Thermo Fisher ScientificTMO
Discover Financial ServicesDFS
PfizerPFE
Vulcan MaterialsVMC
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Is there a magnificent 7 index?

The Magnificent 7 refers to the seven most influential stocks in the S&P 500 index. These stocks, including NVIDIA NVDA -0.6% , Meta Platforms, Tesla TSLA +2.1% , Amazon AMZN -0.8% , Alphabet, Microsoft MSFT -1.4% , and Apple AAPL +2.1% , have dominated the market, driving significant gains in the major indexes.

Is NVDA a good buy?

The financial health and growth prospects of NVDA, demonstrate its potential to underperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

Is Apple a buy or sell right now?

Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 28 Wall Streets Analysts.

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