Would consider buying immersion to all “magnificent seven” stocks except this


After Pica on December 16, the Nasdaq composite – It traces almost all the stocks of the Nasdaq stock market stock market, has entered a correction. The index has dropped about 9% year to date and 13% compared to its December peak.

Given the Nasdaq composite It is heavy technological, it is not surprising that many great name technological stocks have followed a similar path this year. The “Gorgeous“A name given to Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Amazon (Nasdaq: Amzn), Meta Platforms (NASDAQ: Meta), Alphabet (NASDAQ: Goog)(NASDAQ: Googl)and Tesla (NASDAQ: TSLA)They are every year to date except goal.

Graphic

Goal data for Ycharts.

I do not see a fall of the magnificent seven stocks as a time to press the panic button. Each one has experienced similar falls before, and with enough time they are likely to re -experiment at some point. If there is something, I see it as a time when investors can come up with “discounts” and start buying shares at the dive.

I see the attractiveness to almost all the magnificent seven and I would consider buying the immersion in each. The only exception, however, is Tesla Stock, who personally would be far away right now.

For the remaining six stocks in the magnificent seven, there are growth drivers and competitive advantages in their businesses that make the DIP shopping attractive:

  • Apple is one of the most profitable companies in the world and has a growing service segment that is expanding quickly beyond the iPhone and other hardware.

  • Microsoft has a wide technological ecosystem that is essential for business and corporate life as we know it, and a strategic collaboration with Openai gives an idea in the innovation of the AI.

  • NVIDIA Graphic Processing Units (GPU) and other data center hardware are vital to developing the AS infrastructure that will be developed for the foreseeable future.

  • Amazon has advanced beyond e-commerce to become a leader in cloud computing and has an emerging advertising business.

  • Meta is a digital advertising giant and has invested a lot in its infrastructure and to strengthen its business and bring to life its metaverse vision.

  • Google of Alphabet continues to dominate his search, his cloud business continues to collect Steam and YouTube is still the leader in digital video content and an emerging streaming force.

Of course, these are simplified business analyzes, but I am more optimistic with each of their trajectories than those of Tesla.

Passenger electric vehicles (EVS) represent most of Tesla’s income and many sales occur internationally. Unfortunately, Tesla sales abroad have recently been successful. The markets of China, Norway, Denmark, Sweden and Germany experienced sales in recent months.



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