Editor’s Note: You’re likely familiar with the original Magnificent Seven.
Google, Microsoft, Apple, Amazon, Nvidia, Meta Platforms, and Tesla.
These seven stocks have outperformed the market 46 to 1 over the past 20 years.
The average gain is 16,894%… turning $1,000 in each into $1.18 million.
Well… today Alexander Green is releasing his new breakdown of AI’s “Trump Seven.”
These are the seven stocks he says are going to dominate the markets during Trump’s second term.
If you’re looking for the stocks to buy now… as the market soars following the Trump win… these are the seven to target.
In fact, Alex says $1,000 in each could turn into more than $1 million in less than six years.
So please make some time to watch Alex’s “Trump Seven” presentation now.
– Nicole Labra, Senior Managing Editor
First there was FANG. Then FAANG. And then the Magnificent Seven.
And now…
BATMMAAN?
What on Earth am I talking about?
It’s the evolution of names and acronyms for the giant tech companies that have dominated the stock market over the past decade.
The acronym FANG goes back to 2013, when TV stock raver Jim Cramer wanted to refer to the group of very hot tech stocks that included:
- Facebook, now known as Meta Platforms (Nasdaq: META)
- Amazon (Nasdaq: AMZN)
- Netflix (Nasdaq: NFLX)
- Google, now Alphabet (Nasdaq: GOOGL)
A couple of years later, Cramer added Apple (Nasdaq: AAPL) to the mix and it became FAANG.
Then, when artificial intelligence came on the scene just a couple of years ago, a new name was needed.
So Bank of America analyst Michael Hartnett coined the term “Magnificent Seven” – a cool-kid reference to the 1960 film of that name that had stars galore including Yul Brynner, Steve McQueen, and Charles Bronson.
If you’ve followed the market at all over the past two years, you’re probably already very familiar with this group of highflying stocks (a few of which were original FANG members). They include…
- Microsoft (Nasdaq: MSFT)
- Amazon (Nasdaq: AMZN)
- Meta Platforms (Nasdaq: META)
- Apple (Nasdaq: AAPL)
- Alphabet (Nasdaq: GOOGL)
- Nvidia (Nasdaq: NVDA)
- Tesla (Nasdaq: TSLA)
The Dark Knight Rises
Suddenly, however, a new technology stock has soared and now rivals those seven behemoths.
I’m talking about semiconductor manufacturer Broadcom (Nasdaq: AVGO). It’s up 116% this year.
And its 30% jump since last Thursday – due to a strong earnings report and hugely bullish outlook – sent its market cap above $1 trillion for the first time… and into the rarefied company of the Magnificent Seven stocks.
It’s a good fit, as the company’s custom AI chips are beginning to churn out huge revenue growth. As much as $90 billion in revenue from the chips is expected over the next three years.
Obviously, that means we need a new acronym to include this bold newcomer.
BATMMAAN seems to be catching on.
These eight companies currently have a combined market cap of about $19.3 trillion, or roughly 42% of the S&P 500 total market capitalization.
And the year-to-date performances of their stocks are nothing short of heroic.
The Next Seven
Alas, once companies get this big, it’s difficult to continue growing at this pace. That said, AI and its implementation remain in an infant stage. That means there is likely much growth still to be had for all AI-related companies – for the BATMMAAN stocks and smaller rivals.
Going forward we will need even more new acronyms, as upstarts will continue to emerge to become major players in the AI space, much as Broadcom is now doing.
If you’re interested in the “Next Magnificent Seven” – the relatively unknown AI super stocks that Alexander Green expects will dominate the markets going forward – click here to learn more.
Sorry BATMMAAN. Much like Magnificent Seven and FAANG before it, you won’t last long in this dynamic market.