Better Buy in 2024: The "Magnificent Seven" or the "Terrific 10"?
Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla -- a group that Bank of America analyst Michael Hartnett dubbed the "Magnificent Seven," -- have taken the market by storm for an incredible outperformance in 2023 and a sustained run so far in 2024.But what about the market's most valuable non-tech-focused companies?Interestingly enough, if you look at the highest weighted companies in the S&P 500, it is dominated by the Magnificent Seven and Broadcom, a semiconductor company. After that ...