Posted 3/5/2024, 12:45:00 PM
Amazon, Alphabet, Meta, and Tesla Stand Out as Attractive 'Magnificent Seven' Stocks
- Four "Magnificent Seven" stocks stand out as great buys Amazon, Alphabet, Meta Platforms, and Tesla
- Amazon's margins are increasing thanks to growth in its services business
- Alphabet is very cheap compared to the overall market, trading at just 20 times forward earnings
- Meta Platforms has rebounded strongly from struggles in late 2022, with 25% revenue growth
- Tesla's valuation has become more reasonable, though still high at 63 times forward earnings