I'm sharing my personal investment strategy, not providing a financial advice.
Why I decided to invest in the Magnificent 7 stocks.
1. AAPL
2. AMZN
3. META
4. ALPHABET
5. TSLA
6. NVDA
7. MSFT
1. Dominant and oligopolistic in their sectors.
2. Huge cash reserves and retained earnings.
3. Strong demand from institutional and retail investors.
4. Foundation of the next Industrial Revolution.
5. Attractive future price estimates under the best scenario.
6. Highly liquid stocks.
7. Far ahead of their closest competitors.
8. Resilient enough to withstand an anticipated tech bubble.

Nigerian investors are cautious about the high forward Price-to-Earnings (P/E) ratios of the Magnificent 7 stocks, leading to reduced interest in these stocks.

The Magnificent 7 stocks are poised to create a new generation of tech millionaires! Don't miss out on this opportunity. Imagine the regret of not investing in at least one of these revolutionary companies. Your children may ask you, "Why didn't you invest in Amazon, Alphabet, Nvidia, Tesla, Meta Platforms, Apple, or Microsoft when you had the chance?
As of July 3, 2024, the forward PE ratios for the Magnificent 7 stocks are:

1. Amazon (AMZN) - 56.42
2. Alphabet (GOOGL) - 24.35
3. Nvidia (NVDA) - 44.61
4. Tesla (TSLA) - 74.19
5. Meta Platforms (META) - 22.24
6. Apple (AAPL) - 24.53
7. Microsoft (MSFT) - 28.44

Based on historical growth trends, industry expectations, and market analysis, here are some hypothetical best-case scenario price targets for each of the magnificent 7 stocks:

- Alphabet (Google): $2,000-$2,500
- Amazon: $3,000-$4,000
- Apple: $250-$300
- Meta: $500-$600
Microsoft: $400-$500
- Nvidia: $1,000-$1,500
Tesla: $2,500-$3,500

Also, note that these price targets are based on long-term growth potential (2-5 years) and may not reflect short-term fluctuations.

The worst-case scenario for dip prices for each of the magnificent 7 stocks is subjective and depends on various factors like market conditions, Covid-19 like pandemic, economic downturns, regional and continental wars, and industry-specific challenges. However, based on historical price movements and market analysis, here are some potential worst-case scenario dip prices for each stock:
- Alphabet (Google): $80-$90
Amazon: $60-$70
- Apple: $100-$110
- Meta: $100-$120
Microsoft: $150-$160
- Nvidia: $100-$120
- Tessa: $400-$500

NVDA broke a critical price resistance.
Set for a bullish run,
Heading to $140
MAG7, way to go, stock to hold.