Thank you for joining our Co-Founders Chin Hui Leong and Joanna Sng, along with our special guest, Chong Ser Jing, Portfolio Manager from the Compounder Fund, for the webinar on “How the Magnificent 7 Stocks Are Shaping the Future of Tech.”
In the stock market, there are small-cap stocks, mid-cap stocks, and large-cap stocks.
And then, there are the Titans of the stock market, with the most prominent being the Magnificent 7.
At the end of March 2024, the septet of companies, namely Alphabet (NASDAQ: GOOGL), Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Meta Platforms (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA) were valued at close to US$13.6 trillion.
But why should you care about this group of stocks?
Consider these two points:
The next stage of growth could come from Generative Artificial Intelligence (AI).
From what we see so far, the proliferation of the technology could be the biggest undertaking yet.
But if that’s the case, where does all this leave investors?
At this webinar, we looked at the Magnificent 7 companies, their latest developments, and our up-to-data thoughts on the biggest market in the world.
We hope you find the recording insightful and enjoyable!
Chong Ser Jing is the Portfolio Manager of Compounder Fund under Galilee Investment Management Ltd (“Galilee”). Ser Jing’s opinions are solely his own and are for informational purpose only. Ser Jing’s opinions do not constitute an offer or solicitation by Compounder Fund and Galilee. None of the information or analysis presented is intended to form the basis for any offer or recommendation, or have any regard to the investment objectives, financial situation or needs of any specific person. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside Ser Jing’s control. Past performance is not a reliable indication of future performance. No reliance may be placed for any purpose on the information and opinions provided in this presentation or the accuracy or completeness thereof and no responsibility can be accepted by Ser Jing, Compounder Fund, Galilee, and/or any of their affiliated entities to anyone for any action taken on the basis of such information or opinions.
Ser Jing may have vested interests in the stocks mentioned in this webinar. Ser Jing does not have his own personal trading account, and the vested interests come in the form of stocks that are owned by Compounder Fund.
For a full list of Compounder Fund’s holdings, see here.
