The “Magnificent Seven” – made up of Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL) – made a big move. indexes (^DJI, ^IXIC, ^GSPC) high in 2024. Niles Investment Management founder and portfolio manager Dan Niles joins Market Domination Co-Hosts Julie Hyman and Josh Lipton to discuss how to play the megacap tech group in the new year.
“I think next year you will continue to see an increase,” said Niles, adding that the policies related to the Trump administration, such as lower taxes and reductions, should support the increasing availability beyond the Seven Names.
Watch the video above for Niles’ views on Nvidia, Microsoft, and other Magnificent Seven stocks.
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This article was written by Naomi Buchanan.