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The "Magnificent Seven" stocks propelled the S&P 500 higher in 2023 and there's reason to hope the party could get going this year if analysts' estimates hold true.The Magnificent Seven, a term coined by Bank of America analyst Michael Hartnett in a research note in May, gained prominence this year as investors flocked to Apple, Alphabet, Amazon, Microsoft, Meta Platforms, Tesla and Nvidia amid economic uncertainty.
The mega-cap stocks' solid cash...
The mega-cap stocks' solid cash...
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103253439
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In 2023, the three major U.S. stock indexes delivered impressive results, breaking through or approaching record highs. Extending the timeline, U.S. stocks repeatedly regained their footing after sharp declines in 2015, 2018, 2020, and 2022, outpacing all other asset classes during the decade-long bull run.
Looking ahead, Wall Street's outlook for U.S. stocks is mixed, with valid reasons to sup...
Looking ahead, Wall Street's outlook for U.S. stocks is mixed, with valid reasons to sup...
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103253439 OP : AIG