What are the top 7 tech stocks in the S&P 500? (2024)

What are the top 7 tech stocks in the S&P 500?

The focus remains on the "Magnificent Seven" companies, a term coined by Bank of America analyst Michael Hartnett to describe the seven largest tech-focused companies in the S&P 500 -- Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla. Combined, they make up 28.8% of the index.

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What are the big 7 tech stocks?

Key Facts. Apple, Microsoft, Nvidia, Tesla, Meta, Alphabet and Amazon each outgained the broader market in 2023, but it's been a mixed bag for the group over the first eight weeks of 2024 even as indexes sit at record highs.

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What are the best tech stocks in the S&P 500?

These technology-oriented stocks are among the largest in the S&P 500 index. These include Alphabet (Google's parent company), Amazon, Apple, Meta Platforms (Facebook's parent), Microsoft and Nvidia.

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What are the top 7 stocks in S&P 500?

Catch up fast: The Magnificent Seven are Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, and Meta. The ranks of the top 10 include Berkshire Hathaway, Eli Lilly and chipmaker Broadcom.

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What are the magic 7 companies?

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the start of 2024 has shown a big divergence of returns.

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Which 7 tech stocks command almost 90% of the S&P 500's gains?

Silicon Valley titans Alphabet, Apple, Meta and Nvidia, Seattle's Amazon and Microsoft and electric vehicle giant Tesla gained more than $2.1 trillion in market capitalization year-to-date through Thursday's market close cumulatively, according to FactSet data.

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What tech stock is Warren Buffett buying?

While Buffett doesn't always follow the crowd when it comes to investment choices, he does have exposure in three out of the five “FAANG” stocks (Facebook, Amazon, Apple, Netflix, and Google) through NEAM. These large-cap tech stocks are all household names.

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What are the top 10 tech stocks to buy?

Best American Tech Stocks To Buy According to Analysts
  • Intel Corporation (NASDAQ:INTC) Number of Hedge Fund Holders: 70. ...
  • Roper Technologies, Inc. (NYSE:ROP) ...
  • ServiceNow, Inc. (NYSE:NOW) ...
  • Apple Inc. (NASDAQ:AAPL) ...
  • Marvell Technology, Inc. (NASDAQ:MRVL) ...
  • Synopsys, Inc. ...
  • Meta Platforms, Inc. ...
  • Advanced Micro Devices, Inc.
Feb 5, 2024

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How many tech stocks are in the S&P 500?

Here's What That Means for Your Portfolio. The technology sector is driving the stock market to new highs with the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average both closing at record levels on Jan.

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What are the top 50 stocks in the S&P 500?

Sector*
  • Microsoft Corp. Symbol. MSFT. Sector* Information Technology.
  • Apple Inc. Symbol. AAPL. Sector* ...
  • Nvidia Corp. Symbol. NVDA. Sector* ...
  • Amazon.com Inc. Symbol. AMZN. Sector* ...
  • Meta Platforms, Inc. Class A. Symbol. META. ...
  • Alphabet Inc A. Symbol. GOOGL. Sector* ...
  • Berkshire Hathaway B. Symbol. BRK.B. Sector* ...
  • Alphabet Inc C. Symbol. GOOG. Sector*

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What are the golden 7 stocks?

Coined by Bank of America analyst Michael Hartnett in 2023, the "Magnificent 7" refers to a group of high-performing U.S. stocks including Microsoft (MSFT), Amazon (AMZN), Meta (META), Apple (AAPL), Google parent Alphabet (GOOGL), Nvidia (NVDA), and Tesla (TSLA).

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Which Magnificent 7 stock to buy?

2 "Magnificent Seven" Stocks to Buy Hand Over Fist Right Now
  • Nvidia. Nvidia (NASDAQ: NVDA) sells the world's top-performing artificial intelligence (AI) chip, the H100 graphics processing unit (GPU) that powers crucial operations such as the training and inference of AI models. ...
  • Amazon.
7 days ago

What are the top 7 tech stocks in the S&P 500? (2024)
What are the Magnificent 7 stocks in 2024?

The phrase "Magnificent Seven" was coined last year to describe the seven most prominent tech companies, which include Alphabet, Amazon (NASDAQ: AMZN), Apple, Meta Platforms, Microsoft, Nvidia (NASDAQ: NVDA), and Tesla.

What are the top 7 tech firms?

The recent dominance of Meta, Microsoft and Nvidia, along with Apple, Alphabet, Amazon, and Tesla – the so-called Magnificent Seven tech stocks – is indicative of “a fundamental shift”, primarily propelled by advancements in AI.

Is there an ETF for the Magnificent 7 stocks?

The AIQ ETF holds each of the "Magnificent Seven" stocks

Portfolio weightings as of March 15, 2024, and are subject to change. AIQ's largest holding is Nvidia, which is great considering it was the best-performing stock in the entire S&P 500 index in 2023.

What is the magic 7 concept?

In a famous paper, “The Magical Number Seven, Plus or Minus Two: Some Limits on Our Capacity for Processing Information” (1956), Miller proposed as a law of human cognition and information processing that humans can effectively process no more than seven units, or chunks, of information, plus or minus

Who are the 7 tech Titans?

For over a decade, the Magnificent Seven - Apple, Amazon, Alphabet, Meta Platforms, Microsoft, Nvidia, andTesla - have dominated the tech scene. But with recent market fluctuations, investors wonder: are they still golden tickets?

Which stocks move the S&P 500 the most?

The Bottom Line

The S&P 500 weights constituent companies by market cap, meaning larger firms carry significantly more weight than those with small market values. As a result, tech giants such as Apple, Microsoft, Nvidia, and Amazon greatly influence the index's performance.

What stock does Bill Gates own?

CURRENT PORTFOLIO
TickerCompany% Portfolio
BRK.BBerkshire Hathaway Inc.16.80%
CNICanadian National Railway Co.16.29%
WMWaste Management Inc.14.92%
CATCaterpillar Inc.5.14%
18 more rows
Mar 12, 2024

What stock does Elon Musk own?

Tesla is the world's most valuable auto manufacturer, with a market capitalization of $611 billion. CEO Elon Musk is by far the largest shareholder, with over 20% of the company's equity. Besides Musk, the largest shareholders are asset management companies like BlackRock, Vanguard, and State Street.

What is the most promising AI stock?

7 best-performing AI stocks
TickerCompanyPerformance (Year)
NVDANVIDIA Corp236.77%
SOUNSoundHound AI Inc175.00%
UPSTUpstart Holdings Inc111.88%
SYMSymbotic Inc97.47%
3 more rows
3 days ago

What stock will boom in 2024?

10 Best Growth Stocks to Buy for 2024
StockExpected Change in Stock Price*
Tesla Inc. (TSLA)61%
Mastercard Inc. (MA)14.2%
Salesforce Inc. (CRM)7.2%
Advanced Micro Devices Inc. (AMD)11.3%
6 more rows
5 days ago

What stocks could explode in 2024?

MercadoLibre (NASDAQ: MELI), Chipotle Mexican Grill (NYSE: CMG), and On Holding (NYSE: ONON) are three great picks.
  • MercadoLibre: The other e-commerce leader. ...
  • Chipotle Mexican Grill: A forever stock. ...
  • On Holding: The newest name in premium activewear.
Feb 11, 2024

What is the hottest technology stock?

18 Symbols
  • MSFT421.65-1.21% Microsoft Corporation.
  • AAPL169.71-1.14% Apple Inc.
  • NVDA925.61-24.41% NVIDIA Corporation.
  • GOOG151.700.55% Alphabet Inc.
  • AMZN178.30-1.41% Amazon.com, Inc.
  • META495.89-7.13% Meta Platforms, Inc.
  • TSLA177.675.04% Tesla, Inc.
  • CRM305.83-0.23% Salesforce, Inc.

What tech companies are in the sp500?

Sector*
  • Microsoft Corp. Symbol. MSFT. Sector* Information Technology.
  • Apple Inc. Symbol. AAPL. Sector* ...
  • Nvidia Corp. Symbol. NVDA. Sector* ...
  • Broadcom Inc. Symbol. AVGO. Sector* ...
  • Advanced Micro Devices. Symbol. AMD. Sector* ...
  • Salesforce, Inc. Symbol. CRM. Sector* ...
  • Adobe Inc. Symbol. ADBE. Sector* ...
  • Accenture plc A. Symbol. ACN. Sector*

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