The stock market is on sale, particularly the Magnificent Seven. Since the beginning of the year, Apple, Amazon, Nvidia, Meta, Microsoft, Tesla, and Google (Alphabet) have fallen 14%, dragging the rest of the S&P 500 down with them.
However, as some of the most impressive stocks on the market, raising the question:
Is now the time to buy?
This week, Emmet and Mike are here to pitch their favorite Magnificent Seven stocks.
Mike breaks down Amazon as it reaches new levels of profitability and continues to invest in new verticals. With Amazon Web Services (AWS), its fulfillment network, Prime memberships, advertising segment, and array of mini-monopolies, it's a fortress. Thanks to the sell-off, it looks tantalizingly cheap on an EV/EBIT basis.
Emmet takes a more controversial turn, breaking down Tesla. Elon Musk has alienated customers and investors, but Emmet believes Tesla's innovative roots will continue to drive disruptive technology and sales. It’s certainly a riskier choice, but if you’re looking for a high-risk, high-reward play, it could be the one for you.
For the complete, detailed pitches, be sure to tune in.
Prophet, MyWallSt's latest investing service, is focused on delivering market-beating in less than 5 minutes a month.
We are running a three-month free trial for our followers.
No commitment, cancel anytime.
Click here to grab your trial.
Become a successful investor by checking out all the content MyWallSt has to offer:
📩 Email us: pod@mywallst.com
📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7
💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/
🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/
🎉 Follow MyWallSt on social:
🐦 Twitter: @MyWallStHQ
💃 TikTok: @MyWallSt
📸 Instagram: @MyWallSt
🖥️ Facebook: @MyWallSt
👔 LinkedIn: MyWallSt
00:00 Intro
03:02 The Magnificent Seven: Market Giants
12:51 Amazon: A Deep Dive into Its Dominance
30:34 Amazon's Strategic Bundling
32:04 AWS: The Crown Jewel of Amazon
33:47 The Controversial Case for Tesla
35:27 Elon Musk: A Polarizing Figure
47:10 Tesla's Technological Advancements
49:13 The Future of Autonomous Vehicles and Robotics
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!