What is the magnificent 7 stock symbol?
The "Magnificent Seven" -- Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ: TSLA) -- collectively make up 29% of the S&P 500.
Replacing them in the lexicon du jour is the Magnificent Seven Stocks: Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA).
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.
The Roundhill Magnificent Seven ETF trades on the Nasdaq under the ticker symbol 'MAGS'.
Two ETFs, the Roundhill Magnificent 7 ETF (MAGS) and the YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) allow greater exposure to the Magnificent Seven. MAGS was formerly known as the Roundhill Big Tech ETF but changed its name in November 2023 and added exposure to Tesla and Nvidia.
Since the index hit its latest low in October 2022, seven stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — have collectively risen nearly 117 percent, far outpacing the performance of the other 493 companies in the S&P 500. Together, these stocks have become known as the “Magnificent Seven.”
The client was not referring to the 1960 western (which was remade in 2016) but rather to the stocks of seven companies, Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla, which have been supercharging the performance of the equity markets lately.
| Company Name | Symbol | 2024 YTD Performance |
|---|---|---|
| Amazon | (AMZN) | +15.0% |
| Apple | (AAPL) | -5.9% |
| Meta Platforms | (META) | +36.1% |
| Microsoft | (MSFT) | +8.4% |
The stocks known as the "Magnificent Seven" has had a pretty mixed start to the year. This group includes high-profile tech companies that delivered excellent returns over the past decade: Alphabet, Amazon, Apple (NASDAQ: AAPL), Meta Platforms, Microsoft, Nvidia, and Tesla.
AMZN is a Zacks Rank #1 (Strong Buy) stock, with a Momentum Style Score of B and VGM Score of B. Shares are down 1.6% over the past one week and up 0.5% over the past four weeks.
What are the magnificent 7 stocks for 2024?
The so-called Magnificent 7 stocks -- Apple Inc., Amazon.com Inc., Alphabet Inc. Meta Platforms Inc., Microsoft Corp., Nvidia Corp. and Tesla Inc. -- are driving overall stock-market returns anew in early 2024.
Heading into 2023, six out of the seven stocks in this category were considered undervalued by Morningstar analysts, according to Sekera. Today only Apple makes the cut, while the rest of the group is considered fairly valued or expensive.
Schwab® S&P 500 Index Fund SWPPX.
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Simply enter a ticker symbol or name (e.g. GOOG) into the search box below, and the ETF Stock Exposure Tool will direct you to ETFs with significant holdings in that stock.
FAANG ETFs are exchange-traded funds that track the performance of five of the biggest and most well-known tech companies in the world: Facebook, Amazon, Apple, Netflix, and Google (now Alphabet).
| # | Company | Symbol |
|---|---|---|
| 1 | Microsoft Corp | MSFT |
| 2 | Apple Inc. | AAPL |
| 3 | Nvidia Corp | NVDA |
| 4 | Amazon.com Inc | AMZN |
| ETF | Ticker | Annualized 5-year return |
|---|---|---|
| Vanguard S&P 500 ETF | VOO | 14.72% |
| iShares Core S&P 500 ETF | IVV | 14.27% |
| SPDR S&P 500 ETF Trust | SPY | 14.14% |
The so-called “Magnificent 7” U.S. tech behemoths encompass Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. In a research note Tuesday, Deutsche Bank analysts highlighted that the Magnificent 7′s combined market cap alone would make it the second-largest country stock exchange in the world.
Do the Magnificent Seven pay dividends?
Many companies offer a blend of growth and dividend payments, giving you the best of both worlds. In fact, you can even find dividends these days among some of the highest-growth technology stocks, including the "Magnificent Seven."
- Walt Disney Co. (DIS)
- PDD Holdings Inc. (PDD)
- Occidental Petroleum Corp. (OXY)
- Match Group Inc. (MTCH)
- Grupo Aeroportuario del Sureste SAB de CV (ASR)
- Target Corp. (TGT)
- Pimco 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ)
- Citigroup Inc. (C)
All of the "Magnificent Seven" stocks have delivered market-beating returns over the past decade (that's part of why they're called that). This group includes leading tech companies: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla.
| Company (Ticker) | Forward P/E Ratio |
|---|---|
| Intuitive Surgical (ISRG) | 53.5 |
| American Homes 4 Rent (AMH) | 47.9 |
| Trex (TREX) | 37.5 |
| Union Pacific (UNP) | 20.3 |
| Company | Ticker symbol |
|---|---|
| Coca-Cola | KO |
| Diamondback Energy | FANG |
| Cadence Design Systems | CDNS |
| Delta Air Lines | DAL |
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