No. of Recommendations: 2
magnificent 7, "" That’s why it’s time for a More Magnificent Seven, one not dependent on size alone. Our potential list carries over a majority of 2023’s Magnificent Seven—Alphabet, Amazon, Microsoft, and Nvidia—while Apple, Meta, and Tesla fall out. Berkshire Hathaway, UnitedHealth Group, and Visa replace them. The new list keeps the megacap focus, but diversifies across more industries, adds more defensive exposure, and swaps out potential laggards."" When I do this , like magic, someone offers the link.
No. of Recommendations: 2
"" Berkshire Hathaway: $799 billion
Berkshire Hathaway is a market-cap giant, which makes it a good, diversifying addition to a More Magnificent Seven for 2024. The Warren Buffett–helmed conglomerate adds some industrial and utility exposure, along with its sprawling insurance operations. It keeps exposure to Apple, Berkshire’s largest equity holding, should the iPhone maker have a strong year after all. The bull case for 2024 is a continued insurance turnaround and growing operating earnings elsewhere in the portfolio. Some $150 billion in cash on Berkshire’s balance sheet gives Buffett ammo for a potential deal or share buybacks, with the stock appearing reasonably priced at 19 times earnings. It was last in the top seven in 2022.""
