Market Sentiment & Investment Strategy - Many investors trade "Magnificent Seven" stocks instead of holding them long-term, often believing their best growth is in the past [1][3] - The market's upward movement, exemplified by the Dow's 49 points increase and NASDAQ's 0.94% gain to record highs, highlights the benefits of sticking with strong stocks [2] - The author argues that even after significant growth, the "Magnificent Seven" still offer compelling valuations, some more so than others [5] - The author suggests that historically, these stocks have proven to be inexpensive in retrospect [5] Companies Mentioned & Historical Context - The "Magnificent Seven" includes Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla [3] - The term "FANG" (Meta, Amazon, Netflix, Alphabet) was initially met with skepticism, with claims that the best days were behind them [4] - Apple was later added to the "FANG" mix, also facing accusations of being a late addition [4] Management & Valuation - The author believes that if management remains consistent or transitions smoothly, the "Magnificent Seven" continue to present compelling valuations [5]
So many people trade Mag 7 stocks rather than owning them, says Jim Cramer
CNBC Television·2025-09-15 23:46