Chart of the Day - Thursday, February 1, 2024

🏆 Today’s Chart of the Day was shared by Sam Gatlin (@sam_gatlin).

• The chart shows the year-to-date performance of the Magnificent 7 stocks plus Eli Lilly ($LLY).

• The Magnificent 7 stocks are starting to go their separate ways. $NVDA was the strongest stock in the S&P 500 last month, while $TSLA was the weakest.

• Eli Lilly ($LLY) surpassed $TSLA in market cap today, making it the new 7th largest stock.

The takeaway: $NVDA is leaving the rest of the Magnificent 7 in the dust, and $LLY is now larger than $TSLA.