Mag 7 Companies

Mag 7 (Magnificent 7)

This is a term referred to top 7 companies in USA, which are in tech and highly successful. They have dominated the total stock market cap, and have provided higher return than S&P500. These are the 7 stocks => Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. 

ETF: MAGS (Roundhill Magnificent Seven ETF) is the top ETF with 0.29% expense ratio and $3B in AUM to track Mag 7. It was launched on 04/11/23 and initially traded as ticker "BIGT". It has provided 100% return in 3 yrs since it's launch, excluding dividend.

We discuss the 7 stocks to see how worthy of investment are they:

Apple: