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Tesla Could Be On The Verge Of A 9-Day Winning Streak As Nvidia, Apple, Microsoft, And Other Mag 7 Stocks Rise, Forecasts Gary Black

Benzinga ·  Jul 7 22:17

Amid a remarkable 8-day winning streak for$Tesla (TSLA.US)$, a prominent investor predicts the possibility of the streak extending to 9 days.

What Happened:Gary Black, Managing Partner at The Future Fund, took to social media platform, X to express his thoughts on the recent surge in Tesla's stock.

Black highlighted the company's impressive performance over the past 8 days, with a 36% increase compared to the Nasdaq 100's 4% rise. He also noted that all of the "Magnificent 7" stocks, including$Apple (AAPL.US)$,$Amazon (AMZN.US)$,$Meta Platforms (META.US)$,$Alphabet-C (GOOG.US)$,$Microsoft (MSFT.US)$, and$NVIDIA (NVDA.US)$, have seen positive growth during this period.

It's hard to predict whether $TSLA can...

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