Jim Cramer, host of Mad Money on CNBC, says the Magnificent Seven have become too cheap after months of underperformance relative to the broader market. The S&P 500 is up 13% year-to-date, while Amazon, Alphabet, Meta, Microsoft and Tesla are all significantly lagging behind. Cramer recommends buying Amazon, calling it a screaming buy despite only a 12% gain this year. Nvidia is up 22% but trades at just 14 times next year’s expected earnings, which Cramer says remains too cheap. Tesla is the most speculative name in the group with a 16% decline this year, though Cramer sees a potential combination with SpaceX as a catalyst.
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