Reported 4 days ago
The 'Magnificent Seven' tech stocks (AAPL, TSLA, GOOG, GOOGL, AMZN, META, MSFT, NVDA) have lost their previous market-leading status, particularly after mid-July. Dave Mazza, CEO of Roundhill Investments, suggests that while these stocks may not show outstanding performance for now, it's premature to abandon them, as their participation is crucial for sustained market growth. He highlights that, among the group, Tesla is currently the most concerning.
Source: YAHOO