4 Best Tech Stocks to Own in 2024 Hosted by MarketBeat StaffJuly 7, 2024 ShareLink copied to clipboard. Play video for 4 Best Tech Stocks to Own in 2024DetailsGuestsAs investors gear up for the second half of 2024, a key question is whether to stick with NVIDIA Corp. (NASDAQ: NVDA) or consider other stocks in the Magnificent 7. While NVIDIA dominated the market in 2023, surpassing a $3 trillion market cap, it experienced a sharp 15% drop in June. Despite this, NVIDIA has rallied and maintains strong analyst sentiment. In this video, we explore the recent selloff and rotation of investments from NVDA to other Magnificent 7 stocks. Our analysts highlight four standout stocks—Amazon, Apple, Meta, and Alphabet—that are positioned for growth in the latter half of the year. Discover why these tech giants remain solid picks for your portfolio.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.5812 of 5 stars$125.83-1.9%0.03%73.59AAPLApple4.581 of 5 stars$226.34+2.2%0.44%35.20AMZNAmazon.com4.3789 of 5 stars$200.00+1.2%N/A56.02METAMeta Platforms3.6037 of 5 stars$539.91+5.9%0.37%31.01GOOGLAlphabet3.4294 of 5 stars$190.60+2.6%0.42%29.23 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll Videos Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | Sponsored7 Best Stocks to Own Right NowToday, we invite you to view our list of the seven best stocks to own for the next thirty days. Why is it w...MarketBeatYoung billionaire opens the door for millions of AmericansYou can now profit from a catalog of 11 inventions that will likely make their way into millions of U.S. house...Porter & Company | Sponsored7 growth stocks that will prove growth is back in 2024If you've been investing for any length of time, you've probably heard a lot of time-honored investment maxims...MarketBeatBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | Sponsored7 Stocks from Companies That Can't Stop Talking About AIThere are more than anecdotal reasons to explain why artificial intelligence (AI) remains the talk of the town...MarketBeat NVIDIA Tops Microsoft and Apple for Most Valuable CompanyJoin us as we dive deep into NVIDIA's meteoric rise and what it signifies for current and future investors. Related VideosBuy or Bail? Stock Upgrades and DowngradesProfit Like Congress: The Stocks They're Betting OnCathie Wood’s AMD Buy: Smart Move or Risky Business Featured Articles and OffersThe Top 4 Magnificent 7 Stocks to Buy in the Year's Second HalfJuly 2, 2024View The Top 4 Magnificent 7 Stocks to Buy in the Year's Second HalfObama wins Presidential debate From Porter & Company(Ad)View Obama wins Presidential debate Forget NVIDIA: Super Micro Computer Stock Leads in MomentumJuly 3, 2024View Forget NVIDIA: Super Micro Computer Stock Leads in Momentum3 Stock Giants Analysts Are Bullish On Despite StrugglesJuly 5, 2024View 3 Stock Giants Analysts Are Bullish On Despite StrugglesTop 3 Summer Stocks with Solid Growth OpportunitiesJuly 5, 2024View Top 3 Summer Stocks with Solid Growth OpportunitiesTop Hedge Funds Reveal A.I. Moonshot CoinsFrom Crypto 101 Media(Ad)View Top Hedge Funds Reveal A.I. Moonshot Coins Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hosted by MarketBeat StaffJuly 7, 2024 ShareLink copied to clipboard. Play video for 4 Best Tech Stocks to Own in 2024DetailsGuestsAs investors gear up for the second half of 2024, a key question is whether to stick with NVIDIA Corp. (NASDAQ: NVDA) or consider other stocks in the Magnificent 7. While NVIDIA dominated the market in 2023, surpassing a $3 trillion market cap, it experienced a sharp 15% drop in June. Despite this, NVIDIA has rallied and maintains strong analyst sentiment. In this video, we explore the recent selloff and rotation of investments from NVDA to other Magnificent 7 stocks. Our analysts highlight four standout stocks—Amazon, Apple, Meta, and Alphabet—that are positioned for growth in the latter half of the year. Discover why these tech giants remain solid picks for your portfolio.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioNVDANVIDIA4.5812 of 5 stars$125.83-1.9%0.03%73.59AAPLApple4.581 of 5 stars$226.34+2.2%0.44%35.20AMZNAmazon.com4.3789 of 5 stars$200.00+1.2%N/A56.02METAMeta Platforms3.6037 of 5 stars$539.91+5.9%0.37%31.01GOOGLAlphabet3.4294 of 5 stars$190.60+2.6%0.42%29.23 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll Videos Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | Sponsored7 Best Stocks to Own Right NowToday, we invite you to view our list of the seven best stocks to own for the next thirty days. Why is it w...MarketBeatYoung billionaire opens the door for millions of AmericansYou can now profit from a catalog of 11 inventions that will likely make their way into millions of U.S. house...Porter & Company | Sponsored7 growth stocks that will prove growth is back in 2024If you've been investing for any length of time, you've probably heard a lot of time-honored investment maxims...MarketBeatBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | Sponsored7 Stocks from Companies That Can't Stop Talking About AIThere are more than anecdotal reasons to explain why artificial intelligence (AI) remains the talk of the town...MarketBeat
