'Magnificent 7' refers to seven high-performing stocks namely Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, that dominate the market. The title refers to the 1960 Western film 'The Magnificent 7' about seven gunfighters who band together to protect a village from bandits. BofA analyst Michael Hartnett revived the 'Magnificent 7' phrase in 2023 while commenting on the seven companies.