The so-called “Magnificent 7” represent a diverse group of U.S.-based technology companies that receive the lion’s share of attention from most investors right now. Whether you’re a growth investor, or a passive investor using index funds, these are the stocks that matter when considering which stocks to buy and sell. Indeed, the majority of the returns seen in most indices can be attributable to these seven stocks.
Investors who have taken a mega-cap approach to the market have done very well over the past few years. But that’s not guaranteed to continue.
Accordingly, for those looking to make a pair trade right now (go long names that may outperform, and short those that are likely to underperform), here would be my one buy and two bails.
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