How important was the so-called "Magnificent Seven" in 2023? Well, according to S Senior Index Analyst Howard Silverblatt, it was very important. Consider this: The Magnificent Seven -- Apple, Nvidia, Amazon, Microsoft, , Meta Platforms, and Tesla -- accounted for more than 60% of the S 500's total return of 26%. Indeed, if those seven stocks were excluded, the index would have only returned 7.6%, making 2023 a below-average year for the benchmark index.

Yet, as important as the Magnificent Seven may be, investors shouldn't get tunnel vision; there are many other stocks worthy of their attention. Let's have a look at three such names.

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Source Fool.com