Struggling basketball players sometimes get replaced in their team's starting lineup. So do athletes who play other sports. Corporate executives, politicians, and TV personalities are subject to losing their spots as well.

This idea should apply to popular stock groups too, in my opinion. Look at (NASDAQ: TSLA), for example. It has lost more than half of its value since reaching a peak in late 2021. The electric vehicle maker's share price is down close to 30% so far this year. Tesla is a member of the so-called "Magnificent Seven" stocks, but it's without question the least magnificent of the group right now.

Here's my idea: Forget Tesla. I think another stock should replace it in the Magnificent Seven.

Continue reading

Source Fool.com