Are the Magnificent Seven Stocks Back From the Swamp?! You Won't Believe What Happens Next!

Ogres and Oversold Stocks: What's the Connection?

Well hello there! Shrek here your friendly neighborhood ogre and financial analyst – who knew right? Seems these fancy pants 'Magnificent Seven' stocks have been having a bit of a tumble. They were all the rage riding the AI wave like Donkey on a sugar rush but now they're lookin' a bit more like... well like me after a long day of dealing with Farquaad wannabes. But now they're starting to look like a decent deal again... sort of like finding a perfectly good onion at the bottom of the swamp. You just gotta peel back the layers see?

Price to Earnings Ratios: What Are They?

These 'price to earnings' ratios are down. Amazon's gone from 86 to 32 since that whole ChatGPT kerfuffle! Nvidia the AI poster child is now chillin' around 36 far from its high. Only Tesla and Meta are still trading well above their pre ChatGPT valuations. It's like when Donkey tries to explain the intricacies of true love – confusing but potentially rewarding if you get it right. Bottom line? Some of these stocks are getting back to levels that might be considered 'ogre sized bargains.'

The Magnificent Five?

Now not everyone's convinced that all seven are worth the swamp gas. One fancy pants investment chief at Siebert Financial says it's 'more like the Mag Five' for them dig? They reckon Apple and Tesla might be a bit… complicated. But the others? They might just be ripe for the pickin' come earnings season. 'They're cheap here,' he says. Cheap! Just like the price I paid for my swamp! (Which was nothing because it's my swamp. But you get the point.)

Bear Markets and Brooding Ogres: A Match Made in… Well Not Heaven

Of course most of these stocks are still stuck in what they call a 'bear market'. Tesla's lost nearly half its value! That's like losing half your mud bath after a particularly rambunctious Shreklet playtime. And Nvidia's down nearly 28%. Even the big boys like Apple and Amazon have taken a tumble. Only Microsoft is kinda holding steady the show off! It's enough to make an ogre grumpy. But hey even grumps can see potential…

Investors: Smart or just plain greedy?

Seems investors are diving back in. They see the market shifts as a chance to scoop up some deals. Apple's finally snapped a losing streak Nvidia's gone wild and Amazon and Microsoft are puffing their chests. But one head of equities at AllianceBernstein wisely advises 'case by case' much like how I approach a new swamp visitor. Some are friendly like Donkey others... well others end up face first in the mud. There are he says 'opportunities.'

Long Term Bulls and Burping Ogres: What's the Difference?

The long term story for these companies is still solid. They've got more money than Dragon has hoardes of gold strong balance sheets and a competitive edge sharper than my fingernails after a manicure... er I mean after a fight with a particularly stubborn thistle. But things like President Donald Trump's tariff business on China are making folks nervous specially about Apple. Still they're watching and waiting just like I watch and wait for those pesky villagers to finally leave me alone. Only time will tell if these Magnificent Seven will rise again or if they'll end up as ogre sized disappointments. But one thing's for sure: I'll be watching! Now if you excuse me I gotta go make some waffles.