Reported about 2 months ago
As of late 2024, analysts predict a shift from Big Tech, specifically the Magnificent Seven stocks, towards small and mid-cap stocks. The ongoing market volatility is expected to persist, especially as the election season approaches, with potential opportunities for investors to capitalize on pullbacks. Notably, the valuation gap between the Magnificent Seven and the broader market is narrowing, with earnings expectations providing a potential boost for small and mid-cap stocks.
Source: YAHOO