Jim Cramer drops shock call on Magnificent 7 stocks
At the heart of today’s market rally are seven companies worth more than most nations' GDP combined. “Magnificent Seven” or Mag 7 is essentially shorthand for the stocks that power Wall Street’s biggest swings. Together, Apple (AAPL) , Microsoft (MSFT) , Alphabet (GOOGL) , Amazon (AMZN) , Meta Platforms (META) , Nvidia (NVDA) , and Tesla (TSLA) represent nearly $20 trillion in market value and an eye-popping 34% of the S&P 500’s weight. That essentially means when these names jump, the entire mar ...