The 'Mag 7' is over, look to energy instead: David Bahnsen [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Seven" — Amazon ( AMZN ), Apple ( AAPL) , Alphabet ( GOOG GOOGL ), NVIDIA ( NVDA ), Meta ( META ), Microsoft ( MSFT ), and Tesla ( TSLA ) — which have driven rallies in the past. The Bahnsen Group CIO David Bahnsen joins Market Domination to give insight into the recent slate of earnings and how the tech sector is evolving beyond previous top names. Bahnsen discusses the problem with investors relying on high valuations as a standard: "High volatility is a byproduct of a high multiple that is totally disconnected from reality. So expensive stocks get more expensive until they don't. But it's impossible to gauge, judge, and certainly time. But you saw already this year earnings season, Facebook just getting ripped apart yesterday and yet Google rallying today. The Mag Seven is over. It doesn't exist as a monolith anymore. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
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META
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- 2/1/24 - Beat
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- 5/7/24 - Form 4
- 5/7/24 - Form 144
- 5/7/24 - Form PX14A6G
- META's page on the SEC website