Can All of the Magnificent Seven Stocks Maintain their Dominance This Year?

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The Magnificent Seven group of megacap technology stocks must keep delivering robust earnings to maintain their dominance and outperform the broader market. The Magnificent Seven group includes Apple (AAPL), (AMZN), Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). That group as a whole doubled in value last year, outperforming the +54% surge of the Nasdaq 100 Stock Index ($IUXX) (QQQ). Most of the Seven stocks continued their gains this year, except for Apple and Tesla. The megacap technology stocks have rallied on optimism about the strong…

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