Performance Evaluation of the Top 7 Stocks in the S&P 500 Index:
NVIDIA $NVDA has shown the strongest performance among the Magnificent 7 stocks in the S&P 500, with an impressive increase of 82.24% year-to-date (YTD). (Rank:1)
Meta $META, previously known as Facebook, follows closely behind with a notable gain of 38.5% in the same period, securing the seventh position among the top performers. (Rank:7)
Amazon $AMZN ranks at 89th place within the S&P 500, demonstrating a solid performance with an 18.2% increase YTD. (Rank:89)
Microsoft $MSFT holds the 161st spot in the S&P 500, showing a respectable growth of 12.02% since the beginning of the year. (Rank:161)
Google’s parent company, Alphabet Inc. $GOOGL, stands at 232nd place in the S&P 500, displaying a modest increase of 8.03% YTD. (Rank:232)
Apple $AAPL experienced a decline of 10.02% YTD, positioning itself at 475th place among S&P 500 stocks, marking it as the only negative performer among the Magnificent 7. (Rank:475)
Tesla $TSLA holds the 503rd spot in the S&P 500, exhibiting the poorest performance among both the Magnificent 7 stocks and the entire index, with a significant decrease of 29.60% YTD. (Rank:503)
It’s important to note that while past performance can provide insights, it does not guarantee future results.
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