πππThe Magnificent 7 recently had a tough time especially $NVIDIA Corp(NVDA)$ and $Tesla Motors(TSLA)$ as their share price took a tumble. However fundamentally they are still market leaders in their respective fields and have solid balance sheet.
As a small investor with limited resources, I like to invest in $Roundhill Magnificent Seven ETF(MAGS)$ as this ETF gives me instant access to all the 7 Magnificent stocks in just 1 awesome ETF.
Even though MAGS is an actively managed ETF , its expense ratio is 0.29%. MAGS also pays dividends annually. The current dividend yield is .95%.
MAGS does the heavy lifting for me and offers me great value for my money. I believe that Magnificent 7 growth is by no means over and still tick all the core fundamentals of a quality stock.
@Tiger_comments @TigerClub @CaptainTiger @TigerStars
[Event] How To Pick Quality Companies When It Is In The Dip?
@Tiger_commentsοΌSince the beginning of the year, the market has been continuously declining, with $S&P 500(.SPX)$ losing $5 trillion in value over 16 days. The price-to-earnings ratios of several star stocks have dropped to lower levels. While $NVIDIA(NVDA)$ forward PE remains around 25, its PEG is only 0.81 (according to bloomberg estimates) PEG is used to measure the reasonableness of a company's price-to-earnings ratio relative to its future earnings growth. Typically, a PEG close to or below 1 indicates that the company's stock price is relatively reasonable or undervalued. Nvidia's PEG is the only one below 1 among the MAG 7 companies, meaning the company is currently undervalued. Additionally, ROE is a good indicator that Buffett uses (he suggests the average ROE must exceed 20% over the past ten years). Check big techβs key ratios after the drop! From the above data, considering the company's growth-adjusted PEG, $NVIDIA(NVDA)$ and $Alphabet(GOOG)$ perform the best; in terms of forward PE, $Alphabet(GOOG)$ and $Meta Platforms, Inc.(META)$ have the lowest; during this downturn, $Meta Platforms, Inc.(META)$ and $Netflix(NFLX)$ are the most resistant to declines; the highest ROE is from $Apple(AAPL)$ and $NVIDIA(NVDA)$ . However, after $Tesla Motors(TSLA)$βs 40% drop this year, its forward PE, PEG, and ROE are the worst among the MAG 7 companies. Do you have any tips or indicators for selecting good companies during a market downturn? Which quality company is your pick? Leave your comments and also post to win tiger coins~~~
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