The so-called Magnificent Seven – Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) – have had Wall Street’s attention for some time as many of these companies hold much weight in the major US indexes (^GSPC, ^DJI, ^IXIC). While hit in the recent sell-off, opportunity opens up to buy back in, but which stocks deserve investor attention?
Summit Global Investments CIO Dave Harden joins Market Domination for Good Buy or GoodBye? to give insight into which of the Mag 7 should be picked up after the recent sell-off.
Harden chooses Microsoft (MSFT) as his good buy citing its recent strong earnings performance, which outperformed many analyst expectations. In it addition, he cites the company’s ability to monetize its AI developments, products, and services, as well its enterprise and cloud strength.
Harden chooses Tesla (TSLA) as his goodbye citing its current struggle with its core business of EV sales. He also says it has a rather lengthy timeline for its AI products and services, as well as CEO Elon Musk’s erratic behavior, which he thinks doesn’t instill confidence from investors.
#youtube #NEWS #TESLA #microsoft
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
