The “Magnificent 7” stocks, including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla, have been dominating the stock market in recent years. These tech giants have been responsible for most of the S&P 500’s gains in 2024, outperforming the broader market by a significant margin.
While their performance is impressive, DailyBubble wanted to delve deeper into the fundamental aspects of these stocks. Using Validea’s guru-inspired stock analysis models, we ranked the Magnificent 7 based on their fundamental strengths.
According to Validea’s quantitative models, here is how the Magnificent 7 stocks stack up in terms of fundamentals:
1. Alphabet (GOOGL) – Leading the pack with strong fundamental characteristics across various investing styles.
2. Microsoft (MSFT) – Demonstrating steady growth, profitability, and quality earnings.
3. Nvidia (NVDA) – Standing out for its exceptional momentum and growth metrics.
4. Meta Platforms (META) – Showing a resurgence in fundamental strength with a combination of growth and momentum.
5. Apple (AAPL) – Boasting steady fundamental performance and a blend of growth and value characteristics.
DailyBubble’s analysis indicates that while the Magnificent 7 stocks are not cheap, there is value to be found within them. Alphabet, Microsoft, Nvidia, Meta, and Apple exhibit the strongest quantitative profiles across different investing styles, making them stand out in the market.
Overall, DailyBubble believes that these stocks are worth paying attention to, as they continue to drive market performance and showcase their resilience in the ever-changing landscape of the stock market.