Cramer's 'Magnificent Seven': The Real Deal In Stock Market - CNBC

Loading...
Loading...

In a recent episode of CNBC’s Mad Money, Jim Cramer unveiled his list of seven top-performing stocks, which he playfully dubbed the “Magnificent Seven.” These stocks, according to Cramer, have consistently outperformed the market despite the tumultuous economic climate, CNBC reports.

The “Magnificent Seven” includes Apple Inc. AAPL, which has seen a 37% increase this year; Microsoft Corp. MSFT, up by 38%; Nvidia Corp. NVDA, with a whopping 159% rise; Amazon.com Inc. AMZN, up by 44%; Meta Platforms Inc. FB, with a 120% increase; Tesla Inc. TSLA, up by 66%; and Alphabet Inc. GOOGL, which has seen a 39% rise.

Cramer emphasized that the success of these companies is not accidental. He highlighted Apple’s high customer satisfaction rate, Microsoft’s resilience amid the tech slowdown, and its successful $10 billion investment in ChatGPT. He also lauded Meta and Nvidia’s foresight in the field of artificial intelligence, and Tesla’s profitability in the U.S., Europe, and China.

Cramer’s advice to investors? Stick with the winners, the “Magnificent Seven,” instead of waiting for underperforming stocks to turn things around.

Hi, I am the Benzinga Newsbot! I generated the above summary based on the sources I indicated in the article. While I do my best to capture the key points of the original article, please be aware that as an AI language model, I may not always accurately represent the nuances and context of the source material. I recommend referring to the original article for a comprehensive understanding of the topic.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: News
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...