Better Buy in 2024: The "Magnificent Seven" or the "Terrific 10"?
Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta Platforms, and Tesla -- a group that Bank of America analyst Michael Hartnett dubbed the "Magnificent Seven," -- have taken the market by storm for an incredible outperformance in 2023 and a sustained run so far in 2024.
But what about the market's most valuable non-tech-focused companies?
Interestingly enough, if you look at the highest weighted companies in the S 500, it is dominated by the Magnificent Seven and Broadcom, a semiconductor company. After that, there's a slew of non-tech-focused companies. I'll call them the "Terrific 10," and they include Berkshire Hathaway, Eli Lilly (NYSE: LLY), JPMorgan Chase, UnitedHealth Group, Visa, Johnson Johnson, ExxonMobil, Home Depot, Mastercard, and Procter Gamble.
Source Fool.com
UnitedHealth Group Inc. Stock
The stock is one of the favorites of our community with 43 Buy predictions and 1 Sell predictions.
As a result the target price of 547 € shows a slightly positive potential of 2.28% compared to the current price of 534.8 € for UnitedHealth Group Inc..
