Zacks Market Edge Highlights: NVIDIA, Amazon.com and Microsoft
Chicago, IL – July 14, 2025 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/2573801/is-the-magnificent-7-over)
Is the Magnificent 7 Over?
3 Takeaways
NVIDIA has been the best performing stock in the S&P 500 the last 20 years.
But over the last 5 years, through June 30, 2025, only NVIDIA was a top performer.
Amazon is the worst performer in the Mag 7 the last 5 years. Should it be kicked out?
Welcome to Episode #452 of the Zacks Market Edge Podcast.
(2:30) - What Stocks Have Been Performing The Best On The S&P 500?
(17:00) - Should You Still Be Investing Into The Magnificent 7?
(36:30) - Episode Roundup: SMCI, HWM, TPR, RCL, PANW, URI, AVGO, VOO, IVV
Podcast@Zacks.com
This week, Tracey is going solo to look at the multi-year performance of the Magnificent 7 stocks. Remember, originally there were the FAANG stocks and then the FANGMAN stocks. But those were discarded because investors wanted to include Tesla in the group and the letter "T" didn't really work.
Hence, the "Magnificent 7 stocks" was born. It kicked out Netflix and added Tesla to the mix. The Mag 7 was meant to represent the top technology companies. These were the "sure things."
But what has their performance really been like once you get beyond the hype?
Is the Magnificent 7 Over?
1. NVIDIA Corp. NVDA
Charlie Bilello, a strategist at Creative Planning, recently put out the top 20 stocks in the S&P 500 for the 5-year, 10-year, 15-year and 20-year periods ending June 30, 2025. It should not be a surprise that NVIDIA dominated these lists.
NVIDIA was #2 on the 5-Year list, up 1569%. But it was #1 on the 10-year, 15-year and 20-year lists. It's 20-year return, according to Bilello's data, was 77,270%.
NVIDIA continues to hit new all-time highs in 2025.
NVIDIA is clearly still "magnificent", but it is the only Mag 7 stock appearing in the top 20 of the 5-Year chart.
Should NVIDIA still be on your short list?
2. Amazon.com, Inc. AMZN
Amazon.com has been in the top 5 best performers in the S&P 500 of the last 20 years with a return of 13,160%. But is Amazon living off its past laurels?
Amazon.com is not on the 5-year list of the top 20 S&P 500 performance, and for good reason. Amazon shares were up just 52.5% during that time, which underperformed even the S&P 500 index itself, which was up 98%.
Amazon.com was the worst performer of the Mag 7 over the last 5 years.
Should Amazon be kicked out of the Mag 7?
3. Microsoft Corp. MSFT
Microsoft shares have hit new all-time highs in 2025 on strong AI and software demand. But even though shares are breaking out, Microsoft did not make the 5-year top 20 list on the S&P 500 either.
After a huge dot-com run to new highs in 2000, Microsoft shares took 13 years before they again hit new highs. As a result, Microsoft is not on the top 20 list for the 20-Year or 15-Year periods either.
However, it's a rare Mag 7 stock which makes a reappearance on the 10-year list, at #17, with a gain of 1,199%. Tesla is the only other Mag 7 stock on the 10-Year list, at #9.
Microsoft is up 19% year-to-date.
Should Microsoft keep its membership in this elite grouping of stocks?
What Else Should You Know About the Mag 7 Stock Performance?
Tune into this week's podcast to find out.
[In full disclosure, Tracey owns AMZN, MSFT and GOOGL in her personal portfolio.]
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
5 Stocks Set to Double
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