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Mag 7? More like ‘Mag 1’ as Nvidia dominates the megacap club in 2024

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Metallic number seven on reflective stainless steel background

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The “Magnificent Seven” club of megacap technology stocks played a massive role in Wall Street’s banner 2024, with the group on average seeing an advance of about 57% last year and outperforming the benchmark S&P 500’s (SP500

) ~23% climb.

According to SA analyst Stuart

https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2127093038/image_2127093038.jpg?io=getty-c-w750

2025-01-04 19:20:42

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