The "magnificent seven" stocks – the seven largest U.S. stocks by market cap – have had an incredible year. Even the worst-performing of the bunch (Microsoft) has gained 35% this year, more than double the ~15% returns of the S&P 500. Considering that these 7 companies make up more than one-quarter of the market cap of the S&P 500, it's no surprise it's been a good year for stocks. But Jeff and Jason think they can do even better. In this week's episode, they each pick alternatives to the "magnificent seven," in a little competition we are calling The Magnificenter Seven. We're even keeping score! Check out the link to the 2023 Smattering Portfolio Contest for more, and share your own picks. If you think you can do better, that is…
Because Jason talks SO much, this is the only top of this week's show. Looking for the monthly update to the 2023 Smattering Portfolio Contest? Since we pre-recorded this episode and will be away at month-end, tune back in next week for a slightly late review of the contest.
Companies mentioned: AAPL, ADBE, AMZN, ASML, CFLT, DOCN, ENPH, GOOG, GOOGL, META, MSFT, NVDA, PINS, ROKU, SBUX, SEDG, SPG, TSLA, TTD, TXN
Check out our sponsor, Alex Morris at TSOH Investment Research: https://thescienceofhitting.com/
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Email: thesmatteringshow@gmail.com
Twitter: @smatteringshow
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Find the 2023 Smattering Portfolio here:
https://tinyurl.com/Smatterfolio2023