"Best Week" Rally, Disney Picks a New CFO, Riding the "Magnificent 7" 11/6/23

Published: Nov. 6, 2023, 3:26 p.m.

After the best week for the stock market so far this year, Carl Quintanilla and Jim Cramer discussed how to\xa0ride the rally's momentum. Jim highlighted the "Magnificent 7" -- including why he believes Microsoft is the\xa0best stock in the group and Tesla is destined to hit $300 per share. Also in focus: Veteran PepsiCo CFO Hugh\xa0Johnston is leaving the company to become Disney's CFO, Paramount slapped with a double downgrade, Citi mulls deep job cuts, Mark Zuckerberg's ACL tear, Bumble founder Whitney Wolfe Herd to step down as CEO.\n\n\n\nSquawk on the Street Disclaimer