A Bull Market Is Coming: The 2 Best "Magnificent Seven" Stocks to Buy Now, According to Wall Street
In the third quarter, S&P 500 companies reported earnings growth for the first time in a full year. Wall Street strategists expect that momentum to accelerate in the fourth quarter, and the prospect of another round of strong financial results is just one of the factors pushing the S&P 500 toward a record high, which would usher in a new bull market.
So what? The S&P 500 has often produced triple-digit returns during past bull markets, so many stocks would likely skyrocket during the next one. Investors looking for ways to capitalize on that upswing should consider the so-called Magnificent Seven stocks, a group of seven megacap tech stocks that have historically created tremendous wealth for shareholders.
The components of the Magnificent Seven are listed alphabetically below. Beside each is the median 12-month price target among Wall Street analysts, and the implied upside from the current price.
Source Fool.com
