Jim Cramer Maintains Bullish Stance on Magnificent Seven Despite 2026 Slow Start
CNBC's Jim Cramer reaffirmed his confidence in the Magnificent Seven tech stocks during Thursday's 'Mad Money' segment, despite their lackluster performance in early 2026. The group—comprising Amazon, Alphabet, Apple, Microsoft, Meta Platforms, Nvidia, and Tesla—has seen only Amazon and Alphabet post year-to-date gains as capital rotates toward storage and semiconductor equipment plays.
Micron's 39% surge highlights the memory chip shortage driving sector outperformance. 'These [Mag 7] stocks have become share donors to storage companies' market cap,' Cramer observed, framing the shift as a temporary rotation rather than a structural decline. The storage rally, fueled by supply constraints, presents what Cramer views as a cyclical opportunity rather than a threat to tech dominance.
