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 RatioNVDANVIDIA4.9504 of 5 stars$117.30+1.1%0.03%46.16AMDAdvanced Micro Devices4.8443 of 5 stars$101.67+0.9%N/A102.70PANWPalo Alto Networks4.6005 of 5 stars$184.28-0.1%N/A103.82MNSTMonster Beverage2.9929 of 5 stars$55.35+1.0%N/A35.48LLYEli Lilly and Company4.2137 of 5 stars$930.12+2.1%0.65%79.43BKNGBooking4.2162 of 5 stars$4,917.46+0.4%0.78%28.42 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 MarketBeat77 Hedge Funds Are Betting On This Off-Radar MineralWith surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fa...The Tomorrow Investor | SponsoredHow to Invest In Growth StocksThe stock market has been growing since the New York Stock Exchange opened its doors in 1817. Sometimes, a sto...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. 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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 RatioNVDANVIDIA4.9504 of 5 stars$117.30+1.1%0.03%46.16AMDAdvanced Micro Devices4.8443 of 5 stars$101.67+0.9%N/A102.70PANWPalo Alto Networks4.6005 of 5 stars$184.28-0.1%N/A103.82MNSTMonster Beverage2.9929 of 5 stars$55.35+1.0%N/A35.48LLYEli Lilly and Company4.2137 of 5 stars$930.12+2.1%0.65%79.43BKNGBooking4.2162 of 5 stars$4,917.46+0.4%0.78%28.42 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 MarketBeat77 Hedge Funds Are Betting On This Off-Radar MineralWith surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fa...The Tomorrow Investor | SponsoredHow to Invest In Growth StocksThe stock market has been growing since the New York Stock Exchange opened its doors in 1817. Sometimes, a sto...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | Sponsored7 of the Best Long-Term Stocks to BuyDespite the fact that Warren Buffett is one of its biggest proponents, buy-and-hold investing gets a bad rap a...MarketBeatHas Trump finally met his match?Dylan Jovine predicted the 2008 crash over a year before it happened. Folks who listened to him had the chance...Behind the Markets | Sponsored12 Stocks Corporate Insiders are AbandoningAn insider transaction occurs when a company executive that has non-public information about a company buys or...MarketBeat
