The so-called “Magnificent Seven” have been the main drivers of the record highs reached by the S&P 500 index recently. And while some stocks in this group might look a little overvalued, there are some that could still make solid investments. In this video, Fool.com contributor Matt Frankel, CFP®, reveals the two Magnificent Seven stocks he owns and which one he’d be most confident buying right now.
*Stock prices used were the morning prices of June 24, 2024. The video was published on June 25, 2024.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Matt Frankel has positions in Amazon. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Amazon. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Here’s the One “Magnificent Seven” Stock I’d Buy Right Now was originally published by The Motley Fool
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