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 RatioNVDANVIDIA4.9401 of 5 stars$131.80-1.9%0.03%51.87AMDAdvanced Micro Devices4.5687 of 5 stars$112.06-1.3%N/A113.19PANWPalo Alto Networks4.3916 of 5 stars$181.26-6.8%N/A102.12MNSTMonster Beverage3.5079 of 5 stars$63.10+0.2%N/A40.45LLYEli Lilly and Company4.9773 of 5 stars$724.28-3.0%0.83%61.85BKNGBooking4.3506 of 5 stars$5,293.31-0.3%0.73%30.59 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 MarketBeatJuly 2025 Rule Change to Impact Retirement InvestorsThere's a massive change from a new rule going into effect this July. And it's one the Big Banks are alread...Premier Gold Co | Sponsored12 Cannabis Stocks to Buy NowSlowly and surely the cannabis industry is becoming mainstream. As more states legalize medical and recreation...MarketBeatA new financial chapter Porter Stansberry says what happened last week could become the defining legacy of his financial publishing ca...Porter & Company | Sponsored7 Silver Stocks Set to Sizzle on Higher Demand A symptom of inflation is too much money chasing after too few goods. 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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 RatioNVDANVIDIA4.9401 of 5 stars$131.80-1.9%0.03%51.87AMDAdvanced Micro Devices4.5687 of 5 stars$112.06-1.3%N/A113.19PANWPalo Alto Networks4.3916 of 5 stars$181.26-6.8%N/A102.12MNSTMonster Beverage3.5079 of 5 stars$63.10+0.2%N/A40.45LLYEli Lilly and Company4.9773 of 5 stars$724.28-3.0%0.83%61.85BKNGBooking4.3506 of 5 stars$5,293.31-0.3%0.73%30.59 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 MarketBeatJuly 2025 Rule Change to Impact Retirement InvestorsThere's a massive change from a new rule going into effect this July. And it's one the Big Banks are alread...Premier Gold Co | Sponsored12 Cannabis Stocks to Buy NowSlowly and surely the cannabis industry is becoming mainstream. As more states legalize medical and recreation...MarketBeatA new financial chapter Porter Stansberry says what happened last week could become the defining legacy of his financial publishing ca...Porter & Company | Sponsored7 Silver Stocks Set to Sizzle on Higher Demand A symptom of inflation is too much money chasing after too few goods. But investors want to trade the cause ...MarketBeatThe Secret Map of America, Declassified…Locked inside a Maryland man’s private safe is a map. But not just any map, mind you… This map shows a “...Banyan Hill Publishing | Sponsored20 Stocks Wall Street Analysts Love the MostEvery trading day, between 500 and 800 new recommendations and research reports are issued by sell-side equiti...MarketBeat
