SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Julius Wong12/21/2023 7:31:48 PM
1 Recommendation

Recommended By
Return to Sender

   of 8267
 
Jim Cramer identifies what separates the Magnificent 7 from the rest

If you've made money in the market in 2023, chances are you owned at least one of the Magnificent 7 stocks.

Shares of Meta Platforms ( META) - Get Free Report, Amazon ( AMZN) - Get Free Report, Microsoft ( MSFT) - Get Free Report, Tesla ( TSLA) - Get Free Report, Nvidia ( NVDA) - Get Free Report, Google ( GOOGL) - Get Free Report and Apple ( AAPL) - Get Free Report have collectively gained more than 70% this year while the rest of the 493 stocks in the S&P 500 have added just 6%.

So most sane investors are probably going to hold on to those money-makers heading into the uncertain election year, but CNBC's Jim Cramer wants to give you yet another reason to own those stocks.

“The Magnificent Seven have the most optionality of any publicly traded companies in modern history,” Cramer said on Mad Money this week. “To sell any of them is to forget that they have this kind of incredible power."

What does Cramer mean by optionality?

Well, each of those companies can pivot in a number of ways and not lose any of their steam in the process.

Google, for example, could have a huge opportunity on its hands if it can figure out how to integrate artificial intelligence in a way consumers will love. Meta Platforms could pivot away from its metaverse.

“The other six are so vast with so many divisions and so many moving parts that if they decided to split up or trim a losing division or sell something extraneous, they could propel their stocks up $42 billion, $50, $60 billion in the blink of an eye,” Cramer told viewers.

Cramer isn't the only analyst who's bullish on the Mag 7.

Wedbush Securities analyst Dan Ives sees Apple cracking the $4 trillion market cap barrier in the new year and for Tesla to introduce a new sub-$30k vehicle that would solidify its stranglehold on the U.S. EV market share.

thestreet.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News