"Wall Street Analysts Identify High-Upside Stocks in 2024's Magnificent Seven"
TL;DR Summary
Wall Street analysts believe that three of the "Magnificent Seven" stocks - Tesla, Amazon, and Nvidia - still have significant upside potential and could gain between 50% and 125% over the course of 2024. Despite their strong performances this year, analysts maintain bullish ratings on these stocks due to factors such as Tesla's dominance in the EV market and potential for ancillary services, Amazon's diverse business interests and strong e-commerce position, and Nvidia's leadership in AI technology and growing demand for its products.
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