Ranking the “Magnificent Seven” From Most to Least Attractive, Based on Projected Cash Flow
Since early August, all three of Wall Street’s major stock indexes have catapulted to record highs. Although artificial intelligence (AI) has been the clear catalyst behind this move, it’s the “Magnificent Seven” that have lifted the stock market to new heights. The Magnificent Seven consists of (in descending market cap):
These trillion-dollar businesses are leaders within their respective industries, but this doesn’t mean they’re all worth buying. While there’s a laundry list of ways to value stocks, arguably none work better for the Magnificent Seven than projected cash flow.
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