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Magnificent 7 Tech Titans Portfolio

Index Performance

+4.37%
Magnificent 7 Tech Titans Portfolio
+12.17%
TMLARGE

Overview

Description

The "Magnificent 7" companies—Apple, Microsoft, NVIDIA, Meta Platforms, Alphabet, Tesla, and Amazon.com—represent some of the most influential players in the tech sector. Each company operates in distinct yet interconnected areas that drive their growth prospects. Apple's continued innovation and ecosystem lock-in, Microsoft's cloud and enterprise focus, and NVIDIA's dominance in GPUs and artificial intelligence are strong growth drivers. Meta Platforms is betting heavily on the metaverse, while Alphabet leverages its data and digital advertising dominance to fuel growth. Tesla continues to innovate in the electric vehicle and energy sectors, and Amazon's expansive e-commerce and cloud computing capabilities make it a critical player. However, their Price-to-Earnings (P/E) ratios need to be carefully evaluated to understand if their current valuations are justified by future growth prospects. - [[Cloud Computing]]: Companies like Microsoft and Amazon lead the way with their Azure and AWS services respectively, driving significant revenue growth. - [[Artificial Intelligence]]: Companies including NVIDIA and Alphabet are at the forefront of AI research and applications, positioning them well for future market dominance. - [[Electric Vehicles and Renewable Energy]]: Tesla's focus on electric vehicles and renewable energy solutions aligns with global trends towards sustainability. - [[Digital Advertising]]: Alphabet and Meta Platforms own substantial shares of the digital ad market, benefiting from continued shifts in marketing budgets towards online platforms. - [[Consumer Electronics and Ecosystems]]: Apple's ecosystem of devices and services, including wearables and the App Store, continues to drive growth and customer retention. This index was generated with help from Thematic Analyst.

  • Inception Date06/16/2024
  • WeightingEqual
  • # of holdings2
What's inside?

Holdings

All holdings as of July 18, 2024
CSV download
Accenture Plc (ACN)52.70%$205.52B-0.59%33.45%2.78
Aptiv Plc (APTV)47.30%$19.50B1.72%15.92%1.39
Market data by FactSet