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Magnificent 7 Basket Notches Over 200% Gain Since Biden's Election: How Did Tech Giants Perform Under Trump?

Summary

The Magnificent 7 top tech stocks have outperformed the broader market under Biden, with an average return of 213.6% and CAGR of 25%. NVIDIA was the standout performer, growing 967.92% and Apple, Microsoft, and Alphabet also doubling in market value. Tesla lagged behind, while Amazon faced challenges.

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Article published on November 5, 2024 by benzinga