I've Covered the "Magnificent Seven" Stocks Ever Since the Term Was Coined. Only 4 of Them Still Deserve the Title.

Given that it's already seemingly so worn-out, it's difficult to believe the term was only coined three years ago. But that is indeed the case. It was only in 2023 that Bank of America analyst Michael Hartnett first referred to Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA) as the "Magnificent Seven," based on their market-leading performances coming out of the COVID-19 pandemic. It's, of course, a nod back to the 1960 film (and 2016's remake) of the same name.

As the old adage goes, though, nothing lasts forever. While all seven of these stocks certainly still have bullish potential, I think only four of them still truly deserve to be called "magnificent." The other three? Not so much. Here's why.

Don't misread the message. Again, these aren't necessarily stocks I think you need to make a point of avoiding. They may even perform brilliantly again at some point in their foreseeable future.

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