What are the 7 stocks for 2024?
Magnificent Seven Stocks To Buy And Watch: Nvidia Stock Rallies; Apple, Tesla Fall. Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of 2024 has shown a big divergence of returns.
| Stock | 2024 return through March 31 |
|---|---|
| Janux Therapeutics Inc. (JANX) | 250.9% |
| Trump Media & Technology Group Corp. (DJT) | 254.1% |
| Super Micro Computer Inc. (SMCI) | 255.3% |
| Viking Therapeutics Inc. (VKTX) | 340.6% |
Magnificent Seven Stocks To Buy And Watch: Nvidia Stock Rallies; Apple, Tesla Fall. Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of 2024 has shown a big divergence of returns.
| Stock | Market Capitalization | Sector |
|---|---|---|
| Colgate-Palmolive Co. (CL) | $73 billion | Consumer staples |
| Sysco Corp. (SYY) | $41 billion | Consumer staples |
| Coca-Cola Co. (KO) | $261 billion | Consumer staples |
| S&P Global Inc. (SPGI) | $134 billion | Financials |
- Alphabet (Class A shares, GOOGL): 17.83 forward P/E ratio.
- Meta Platforms: 21.56.
- Apple: 23.9.
- Nvidia: 30.43.
- Microsoft: 31.07.
- Amazon: 33.95.
- Tesla: 41.14.
- SoundHound AI and Sweetgreen are up 174% and 116% so far in 2024.
- SoundHouse AI is seeing its platform for conversational intelligence explode in popularity.
- Sweetgreen has quadrupled over the past year, but it's still a broken IPO with potential to harvest.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Guj. Themis Bio. | 375.50 |
| 2. | Refex Industries | 142.80 |
| 3. | Tanla Platforms | 928.65 |
| 4. | M K Exim India | 75.40 |
Tesla Inc.
In March 2022, Pelosi purchased 2,500 shares of Tesla by exercising 25 call options with a strike price of $500. Pelosi had purchased those call options back in December 2020. Between the time the purchase was disclosed and the time she exercised the options, Tesla's share price climbed 36.1%.
The "Magnificent Seven" stocks get a lot of attention, and for good reason. These seven stocks, which include Amazon, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, have demonstrated their value over time, with incredible businesses and high stock gains.
Each of the so-called Magnificent Seven stocks—Nvidia, Meta, Amazon, Microsoft, Alphabet, Apple and Tesla—gained at least 49% in 2023 and powered the broader market higher.
What is the safest stock to invest in?
Dividend stocks are considered safer than high-growth stocks, because they pay cash dividends, helping to limit their volatility but not eliminating it. So dividend stocks will fluctuate with the market but may not fall as far when the market is depressed.
| Company | Industry |
|---|---|
| Larsen & Toubro | Engineering and Construction |
| ITC | Tobacco and FMCG |
| ICICI Bank | Banking |
| Godrej Consumer Products | FMCG |
Amazon has a conensus rating of Strong Buy which is based on 41 buy ratings, 0 hold ratings and 0 sell ratings. What is Amazon's price target? The average price target for Amazon is $209.74. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
| Symbol | RSI (14) | Price |
|---|---|---|
| AAU D | 83.81 | 0.1457 USD |
| DTM D | 83.67 | 63.46 USD |
| MUX D | 83.62 | 11.12 USD |
| REX D | 83.53 | 59.74 USD |
Berkshire Hathaway has the highest-priced shares of any U.S. company, and is also one of the largest companies in the world, consistently ranking in the top 10 by market value.
Analysts project 11.5% earnings growth and 5.5% revenue growth for S&P 500 companies in 2024. Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year.
Walmart has 8.32% upside potential, based on the analysts' average price target. Is WMT a Buy, Sell or Hold? Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings.
Positive returns -- but smaller than in 2023
I think that the overall stock market will deliver positive returns in 2024. However, I expect those returns to be somewhat smaller than they were last year.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 4. | Unitech | 12.85 |
| 5. | Waaree Renewab. | 1626.90 |
| 6. | Cupid | 117.17 |
| 7. | Fischer Chemic | 661.95 |
| Ticker | Company Name | |
|---|---|---|
| 1 | CELH | Celsius Holdings |
| 2 | SMCI | Super Micro Computer |
| 3 | NVDA | Nvidia |
| 4 | ELF | e.l.f. Beauty |
Which stock will grow with 3 months?
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Diamond Power | 564.85 |
| 2. | Spright Agro | 27.26 |
| 3. | Waaree Renewab. | 1626.90 |
| 4. | Fischer Chemic | 661.95 |
Apple is by far Berkshire Hathaway's biggest holding, responsible for 42% of its portfolio. The company's 6% stake in the iPhone giant is worth more than $155 billion, and has delivered major gains over the years. In fact, since Berkshire Hathaway first invested in Apple in 2016, its stock has risen 552%.
- Bank of America (BAC), 1.03 billion.
- Apple (AAPL), 905.6 million.
- Coca-Cola (KO), 400 million.
- Kraft Heinz (KHC), 325.6 million.
- Occidental Petroleum (OXY), 248.1 million.
- American Express (AXP), 151.6 million.
- Chevron (CVX), 126.1 million.
- Nu Holdings (NU), 107.1 million.
- Simon Property Group (SPG)
- Apollo Medical Holdings (AMEH)
- Vanguard Growth ETF (VUG)
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