Jim Cramer explains why the Magnificent Seven have lasting strength in the market

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Magnificent Seven includes Amazon, Alphabet, Apple, Microsoft, Nvidia, Meta and Tesla.

CNBC's Jim Cramer on Monday opined on the continuous success of Big Tech stocks in the market, explaining why the Magnificent Seven, as well as Netflix, continue to rally as the bull market persists.

However, Cramer said he doesn't feel as strongly about Alphabet, in part because of ongoing antitrust litigation and the threat of a breakup. However, he still called the stock a"comeback kid."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market MondayWall Street was looking to open lower Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer: Don't Get Caught Up In Downgrades, Stick With Solid CompaniesCNBC's Jim Cramer advises investors to ignore Wall Street's trading frenzy and focus on holding onto strong companies, even if their prices fluctuate. He specifically addressed the recent downgrade of Amazon by Wells Fargo, arguing that the company has a history of overcoming challenges.
Source: CNBC - 🏆 12. / 72 Read more »