Crafting Your Portfolio's Magnificent Seven: Top Stocks for 2024 Hosted by Laycee KluinMarch 18, 2024 ShareLink copied to clipboard. Play video for Crafting Your Portfolio's Magnificent Seven: Top Stocks for 2024DetailsGuestsIn 2023, investors became acutely aware of the phrase "Magnificent Seven." This referred to the seven technology stocks that drove most of the 27% gains in the S&P 500 in the last 12 months. However, through the first two months of 2024, many of those stocks have lost their sheen. Tesla Inc. (NASDAQ: TSLA) is down 24%. Apple Inc. (NASDAQ: AAPL) is down 9%. And Alphabet Inc. (NASDAQ: GOOGL) is down 4.5%. At the same time, the S&P 500 is up 6.7% as of March 5, 2024. And this is during what's expected to be the weak part of the year for equities. Analysts expect stronger performance in the second half of the year in anticipation of the Federal Reserve issuing at least one interest rate cut. That means that other stocks must be doing well. In this video, MarketBeat gives you seven stocks that you should be looking at to create your own Magnificent Seven in 2024. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.8848 of 5 stars$101.33-3.0%0.04%39.88AMDAdvanced Micro Devices4.7688 of 5 stars$87.50-0.9%N/A88.38PANWPalo Alto Networks4.7138 of 5 stars$167.69-1.2%N/A94.47MNSTMonster Beverage3.3932 of 5 stars$58.41+0.8%N/A37.44LLYEli Lilly and Company4.7927 of 5 stars$841.70+14.5%0.71%71.88BKNGBooking4.4261 of 5 stars$4,573.31+0.7%0.84%26.43 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatGet Your Bank Account “Fed Invasion” Ready with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredTop Ten Brokerages You Can TrustThere are more than 500 brokerages and research houses that hire analysts to issue ratings and recommendations...MarketBeatAltucher: Turn $900 into $108,000 in just 12 months?We are entering the final Trump Bump of our lives. 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Hosted by Laycee KluinMarch 18, 2024 ShareLink copied to clipboard. Play video for Crafting Your Portfolio's Magnificent Seven: Top Stocks for 2024DetailsGuestsIn 2023, investors became acutely aware of the phrase "Magnificent Seven." This referred to the seven technology stocks that drove most of the 27% gains in the S&P 500 in the last 12 months. However, through the first two months of 2024, many of those stocks have lost their sheen. Tesla Inc. (NASDAQ: TSLA) is down 24%. Apple Inc. (NASDAQ: AAPL) is down 9%. And Alphabet Inc. (NASDAQ: GOOGL) is down 4.5%. At the same time, the S&P 500 is up 6.7% as of March 5, 2024. And this is during what's expected to be the weak part of the year for equities. Analysts expect stronger performance in the second half of the year in anticipation of the Federal Reserve issuing at least one interest rate cut. That means that other stocks must be doing well. In this video, MarketBeat gives you seven stocks that you should be looking at to create your own Magnificent Seven in 2024. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.8848 of 5 stars$101.33-3.0%0.04%39.88AMDAdvanced Micro Devices4.7688 of 5 stars$87.50-0.9%N/A88.38PANWPalo Alto Networks4.7138 of 5 stars$167.69-1.2%N/A94.47MNSTMonster Beverage3.3932 of 5 stars$58.41+0.8%N/A37.44LLYEli Lilly and Company4.7927 of 5 stars$841.70+14.5%0.71%71.88BKNGBooking4.4261 of 5 stars$4,573.31+0.7%0.84%26.43 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatGet Your Bank Account “Fed Invasion” Ready with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | SponsoredTop Ten Brokerages You Can TrustThere are more than 500 brokerages and research houses that hire analysts to issue ratings and recommendations...MarketBeatAltucher: Turn $900 into $108,000 in just 12 months?We are entering the final Trump Bump of our lives. But the biggest returns will not be in the stock market.Paradigm Press | SponsoredThe 12 Most-Hated Stocks on Wall StreetWall Street research analysts must be the most optimistic people on earth. They give "buy" ratings to more tha...MarketBeatElon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to MarsElon Musk just confirmed Tesla’s robot will go to Mars. But on Earth, it may trigger a trillion-dollar tech sh...InvestorPlace | Sponsored7 Gold Stocks to Buy as the Metal Hits an All-Time HighEven its biggest critics can't deny that it's been a great year to own gold. More accurately, gold has had a g...MarketBeat
