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Morgan Stanley predicts rally for beaten-up Magnificent Seven stocks

Morgan Stanley's CIO Mike Wilson predicts a near-term rally for U.S. stocks, particularly the "Magnificent Seven" (Apple, Nvidia, Meta, Amazon, Alphabet, Microsoft, and Tesla), which are stabilizing after recent declines. He anticipates the S&P 500 could reach 5,900, driven by lower rates and improving earnings revisions, but warns of potential volatility and new lows later in the year. Wilson's year-end target for the S&P 500 is 6,500, suggesting a nearly 13% gain from current levels.
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United States Dollar Amazon.com, Inc. NVIDIA Corporation Apple Inc. Alphabet Inc. Microsoft Corporation Tesla, Inc. Meta Platforms, Inc. USA Melissa Lee Mike Wilson Show more
Finance & Economy, Market Report
01:05 25.03.2025
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