Alphabet (NASDAQ: GOOG) and Nvidia (NASDAQ: NVDA) have been on a tear this year, being the only two Magnificent 7 stocks to outperform the S&P 500 as of December 11.
Source: https://finbold.com/the-only-two-magnificent-7-stocks-crushi…
Growing dividends on a regular basis can be a strong sign of a company’s fundamental health. In addition to winning a progressively larger passive income payment the longer that they hold shares of a dividend growth stock, investors can be reassured that they’re exposed to a firm that is managing its cash soundly.
Major U.S. tech stocks are quiet as traders wait for Jerome Powell’s comments after the FOMC decision. Google, Apple, and Amazon all remain in broader uptrends, with pullback viewed as a potential buying opportunity near key support levels.
When it comes to artificial intelligence (AI) and quantum computing, large and mega-cap stocks have captured the majority of investor attention. All of the Magnificent Seven companies play some role in AI, from NVIDIA’s NASDAQ: NVDA advanced chips to Tesla’s NASDAQ: TSLA pursuit of autonomous driving.
