These shares are expensive for a reason
There are stocks are expensive for a reason… The 27x P/E multiple for ‘Magnificent 7’ is well above the 17x multiple for the remaining 493 stocks included in the US benchmark S&P500. On the other hand, the (expected) sales growth differential slightly justifies the valuation premium. In fact, the 2023-2025 CAGR sales growth is 11 percent for Magnificent 7 compared to 3 percent for the rest of the stocks included in this index.
The Magnificent Seven stocks – S&P 500 giants Amazon.com (AMZN), Apple (AAPL), Google’s parent company Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – have been grouped together since the start of the bull market in January 2023.
About the Viking
With Viking’s signals, you have a good chance of finding the winners and selling in time. There are many securities. With Viking’s autopilots or tables, you can sort out the most interesting ETFs, stocks, options, warrants, funds, and so on. Vikingen is one of Sweden’s oldest equity research programs.
Click here to see what Vikingen offers: Detailed comparison – Stock market program for those who want to get even richer (vikingen.se)