Reported about 1 year ago
In 2023, the 'Magnificent Seven' stocks led by Nvidia, Microsoft, Alphabet, Amazon, and Meta Platforms outperformed the S&P 500, but Apple and Tesla have been trailing behind in 2024. While Apple introduced new AI features and is expected to benefit from device upgrades, Tesla faces pricing pressure and challenges in the second quarter. Apple looks like a buy with its strong fundamentals, while Tesla remains risky due to its high valuation and uncertainties in the auto market.
Source: YAHOO