Sure, here’s a version of the article with that style:
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So, there’s this thing about the “Magnificent Seven” stocks, right? I always imagined them like this group of superheroes for your investment portfolio. Back in the day, these guys were like the rockstars of the stock market. I mean, nearly 17,000% gains over 20 years? Wild, right?
Lately, though… things got a bit bumpy. You know, Big Tech took a nosedive earlier but then made a little comeback. Still, some are in the red. It feels like the golden goose might’ve flown the coop.
BUT — and I love a good twist — there’s some chatter about a fresh batch of AI stocks stepping into the spotlight. People are calling them “the Next Magnificent Seven.” Gotta love a sequel, especially when it promises robots doing things nobody’s ever dreamed of. Talk about the future, am I right? You can catch the details on these up-and-comers if you’re into that kinda thing.
Now, about the original “Mag Seven”… Such a fascinating crew. These tech giants basically carried the market on their shoulders for a decade. Or close enough. One stat that stuck with me (no idea why) is how they made up 55% of the S&P 500’s jump in 2024. Like, who even does that?
Michael Hartnett over at Bank of America gave them their name. Apparently, it’s from some old movie starring Yul Brynner and Steve McQueen? Probably worth a watch, if you’re into classics. Anyway, here’s the lineup straight from Wall Street’s hall of fame:
– Microsoft (Nasdaq: MSFT)
– Amazon (Nasdaq: AMZN)
– Meta Platforms (Nasdaq: META)
– Apple (Nasdaq: AAPL)
– Alphabet (Nasdaq: GOOGL)
– Nvidia (Nasdaq: NVDA)
– Tesla (Nasdaq: TSLA)
These are the real household names. But lately, their stock performances hit a bit of a speed bump. And yeah, when your stocks are pricey, there’s bound to be a pause. Got me thinking about how even heroes sometimes need a break.
Like, Tesla? Down 13% this year. Elon Musk’s antics sure didn’t help. Seems some folks felt he was off gallivanting with governmental stuff rather than steering the Tesla ship. And poor Apple, tackling fears from tariffs to talk of bringing production back stateside. Down 19% — ouch.
Then there’s the schadenfreude-worthy chart. The one-year group stock price kinda looks like a deflated balloon from a distance. Oddly satisfying to some degree.
Here’s where it gets interesting: introducing… “the Next Seven.” Oxford Club’s Alexander Green — gotta say, sounds like a mystery novel protagonist — pointed to these smaller, less flashy companies with big dreams. They might just become the big cheeses soon. And you know what? Their returns this past year? Around 84%! Compare that with the original Mag Seven at 22%. Crazy, huh?
There’s this old saying: “Trees don’t grow to the sky.” I think they meant companies like Apple and Nvidia can’t grow like weeds forever. At some point, they’ve gotta slow down, right? But AI, it’s just starting to crawl, let alone walk or run.
So, smart folks are jumping on these AI upstarts while they’re still relatively unknown. Who doesn’t like getting in early? If ya wanna join the party and see if these “Next Magnificent Seven” can be the new market rulers, well, there’s a little more info out there for ya.
And yeah, maybe keep an eye on that group’s next move. Could be interesting. Or not. Honestly, what do I know?