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American Focus > Blog > Economy > Would Investing $10K in the Magnificent 7 Stocks in 2023 Have Made You Rich?
Economy

Would Investing $10K in the Magnificent 7 Stocks in 2023 Have Made You Rich?

Last updated: June 28, 2025 11:25 am
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Would Investing K in the Magnificent 7 Stocks in 2023 Have Made You Rich?
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The Magnificent 7 stocks have been dominating the headlines in recent years due to their incredible returns. Amazon, Google parent company Alphabet, Nvidia, Apple, Meta Platforms, Microsoft, and Tesla have been hailed as the driving force behind the market’s success. According to J.P. Morgan, these seven stocks accounted for a significant portion of the S&P 500’s return in 2024, with an even more substantial contribution in 2023.

Investing in these stocks at the beginning of 2023 would have yielded impressive results. For example, a $10,000 investment in Amazon would have grown to $20,160 by June 16, 2025, representing a 101.6% return. Similarly, investing in Google parent company Alphabet would have resulted in a 157.3% return, with a current value of $25,730 from a $10,000 investment.

Individual stocks within the Magnificent 7 have also seen exceptional growth. Nvidia, for instance, saw a staggering 891% return from the end of 2022 to June 16, 2025. This means that a $100,000 investment in Nvidia would now be worth nearly $1 million.

While investing in these stocks has proven to be lucrative, it’s essential to consider the risks involved. In 2022, the Magnificent 7 stocks collectively dropped 40%, with some components experiencing even greater losses. High rewards often come with high risks, so investors must align their investment strategy with their financial goals and risk tolerance.

It’s crucial to note that all historical closing prices have been adjusted for splits, dividends, and capital gain distributions, sourced from Yahoo Finance. As with any investment, thorough research and careful consideration are key to making informed decisions.

For more financial insights and investment advice, visit GOBankingRates.com for expert analysis and recommendations. Would investing in the Magnificent 7 stocks in 2023 have made you rich? Explore the possibilities and make informed decisions for your financial future.

See also  Cassandra and the Destruction of Savings
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