The "Magnificent Seven" Dominated the Market in 2023. Will the "Fab Four" Reign in 2024?

The "Magnificent Seven" Dominated the Market in 2023. Will the "Fab Four" Reign in 2024?

Last year was a big moment for the stocks dubbed the "Magnificent Seven" -- a reference to the 1960 Western movie -- as they soared in the double and triple digits. These companies, technology-industry giants, also are leaders in their specialty areas -- from Internet search to electric vehicles (EVs). They are Amazon (AMZN -0.15%), Apple, Alphabet, Meta Platforms (META 1.23%), Microsoft (MSFT -0.74%), Nvidia (NVDA -1.01%), and Tesla. Investors flocked to these growth players as they began to position …