Reported 2 months ago
Despite challenges in the market, Meta (META) is currently highlighted as the standout performer among the 'Magnificent Seven' stocks, according to Wind Shift Capital founder Bill Blain. With impressive second-quarter earnings that exceeded expectations, Meta's advertising dominance, particularly in internet ads, positions it favorably compared to other major stocks like Apple, Tesla, and Alphabet, which face various pressures. While Meta's shares have shown resilience with a 7.5% increase since its earnings report, the rest of the Magnificent Seven have experienced declines.
Source: YAHOO