3 Magnificent 7 Stocks Trading Near 50-Day Lows—Time to Buy?

Market Overview - The threat of tariffs has caused a decline in American markets, with the S&P 500 trading 6% below its mid-February high [1] - Bear markets can present unique buying opportunities, particularly for major market players like the Magnificent Seven [1][2] Magnificent Seven - The Magnificent Seven consists of influential companies with large market capitalizations, which typically experience less volatility during economic downturns compared to smaller firms [2] NVIDIA Analysis - NVIDIA shares have dropped over 20% in the last month, primarily due to concerns over competition from a new Chinese AI system, DeepSeek [4] - Current trading price for NVIDIA is around $113, close to its 50-day low of $107, with a 12-month price forecast of $171.69, indicating a potential upside of 48.34% [5][6] - Analysts maintain a Moderate Buy consensus rating for NVIDIA, suggesting that the recent price decline may be an overcorrection [6] - Institutional investments in NVIDIA increased significantly, with $103 billion added in Q4 2024, up from $26 billion in the previous quarter [7] Apple Analysis - Apple shares have reached a new 50-day low of $217.83 following a downgrade from Morgan Stanley, which lowered its price target from $275.00 to $252.00 [8] - Despite the downgrade, consensus ratings for Apple remain a Moderate Buy, with a 12-month price forecast of $243.22, indicating a potential upside of 12.09% [9] - Apple's recent earnings announcement exceeded analyst estimates, with a trailing EPS of $6.30 and a P/E ratio of 34.41, suggesting expected earnings growth of 12.64% next year [10] Tesla Analysis - Tesla shares have declined to near their 50-day low of $222, influenced by protests at dealerships and overall market corrections [11] - Analysts at J.P. Morgan have lowered their targets for Tesla, leading to a Hold rating, with a 12-month price forecast of $325.81, indicating a potential upside of 31.33% [12] - Elon Musk's plans to double U.S. production in the next two years are under scrutiny, with analysts focusing on Tesla's supply chain partners [13]