‘Magnificent Seven’ stocks enjoyed a blistering 2023. Here’s what it would take for that rally to spill over into 2024.

The so-called Magnificent Seven have had an incredible run in 2023. But what are the chances it might continue in the New Year?

That’s a question that many on Wall Street have been asking after the seven most valuable publicly-traded U.S. companies recouped all of their losses from 2022, and then some in 2023, propelling the S&P 500 SPX up more than 17% year-to-date even as five of the index’s 11 sectors remain mired in the red, according to FactSet data.

But…