Magnificent 7 Stocks
The seven tech giants that dominate the stock market: Apple, Microsoft, Amazon, Alphabet, Meta, NVIDIA, and Tesla.
$1,000 Investment Growth (5 Years)
Side-by-Side Comparison
| Company | Market Cap | Price | 2024 | 2023 | 2022 | 5Y Return |
|---|---|---|---|---|---|---|
| AAPL Apple Inc. | $5.03T | $344.63 | +30.7% | +49.0% | -26.4% | +98.7% |
| NVDA NVIDIA Corporation | $4.94T | $204.64 | +171.3% | +239.0% | -50.3% | +598.8% |
| MSFT Microsoft Corporation | $3.88T | $521.91 | +12.9% | +58.2% | -28.0% | +61.4% |
| GOOGL Alphabet Inc. | $3.44T | $279.84 | +36.0% | +58.3% | -39.1% | +95.0% |
| AMZN Amazon.com, Inc. | $2.60T | $240.35 | +44.4% | +80.9% | -49.6% | +44.2% |
| TSLA Tesla, Inc. | $1.58T | $399.81 | +62.5% | +101.7% | -65.0% | +13.5% |
| META Meta Platforms, Inc. | $1.57T | $614.99 | +66.0% | +194.1% | -64.2% | +84.6% |
About the Magnificent 7
The Magnificent 7 refers to the seven largest technology companies by market capitalization that have dominated stock market returns in recent years. The term gained popularity in 2023 as these stocks drove the majority of S&P 500 gains.
These companies span multiple sectors: Apple and Microsoft lead in consumer electronics and software, Amazon dominates e-commerce and cloud computing, Alphabet (Google) and Meta control digital advertising, NVIDIA powers AI infrastructure, and Tesla leads electric vehicles.
Together, the Magnificent 7 represent over $23.04T in market capitalization, making them larger than most countries' entire stock markets.
Frequently Asked Questions
What are the Magnificent 7 stocks?
The Magnificent 7 are the seven largest technology companies by market capitalization: Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet/Google (GOOGL), Meta (META), NVIDIA (NVDA), and Tesla (TSLA). The term gained popularity in 2023 as these stocks drove the majority of S&P 500 gains.
What are the returns of the Magnificent 7?
The Magnificent 7 have a combined market cap of $23.04T. The best recent performer is AAPL while TSLA has lagged. Over 5 years, all seven have delivered significant returns, though performance varies widely between the leaders and laggards.
Are the Magnificent 7 stocks overvalued?
Valuations among the Magnificent 7 vary significantly. Companies like NVIDIA trade at high multiples reflecting AI growth expectations, while others like Alphabet and Meta trade at more reasonable valuations. Unlike the dot-com era, these companies are all highly profitable with real revenue and cash flow, reducing but not eliminating valuation risk.
How do the Magnificent 7 compare to the S&P 500?
The Magnificent 7 represent over $23.04T in combined market cap, making up roughly 30% of the entire S&P 500. This concentration means the S&P 500 performance is heavily influenced by these seven stocks. When the Mag 7 rally, the index rises; when they decline, the equal-weight S&P 500 often outperforms.
Should I invest in the Magnificent 7 or the whole S&P 500?
Investing in the S&P 500 (via SPY or VOO) already gives you significant Magnificent 7 exposure since they make up about 30% of the index. Buying individual Mag 7 stocks concentrates your risk. A balanced approach is to hold an S&P 500 index fund as a core position and selectively overweight your highest-conviction Mag 7 names.