Reported 2 months ago
David Wagner, a portfolio manager at Aptus Capital Advisors, emphasizes the importance of investing in the 'Magnificent Seven' tech stocks amid rising recession fears and market volatility. He suggests that these companies exhibit strong resilience and profit margins, making them a safer option for investors looking to navigate potential market downturns. Wagner predicts ongoing capital flow into these stocks due to their solid financial fundamentals, especially if economic indicators such as the Consumer Price Index lead to a decline in interest rates.
Source: YAHOO