It's about time that all seven of the Magnificent 7 tech stocks have reported their fourth-quarter results. But of the crowd of seven, which stock is the best and the worst positioned for 2024? Yahoo Finance Senior Reporter Jared Blikre lays out the criteria, including single-day gains and earnings reactions, for the Magnificent Seven's stock outlook this year. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Tesla stock was on track Friday for a weak finish to an unimpressive week. The hype around artificial intelligence hype has previously helped push up Tesla shares, but it wasn’t enough this week—even as much of the stock market rose on the back of Nvidia blockbuster earnings report. Through early trading on Friday, Tesla shares have fallen about 4% for this week.
Among the Magnificent Seven stocks to buy and watch, Apple, Nvidia and Tesla stock are in new buy areas.