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Home›US Markets›Sectors›Strategists urge investors to stop treating the Magnif…

Strategists urge investors to stop treating the Magnificent Seven as a group

Reported · Written up by our desk · Sectors

MarketWatch reports that strategists are questioning whether the so-called Magnificent Seven still functions as a useful stock-market talking point.

The outlet says the group has been underperforming the broader market this year, and cites Citi strategists arguing the grouping no longer makes sense to frame investors’ expectations around it.

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Sources

MarketWatchWhy it’s time to retire the Magnificent Seven as a stock-market talking point, say these strategists
MarketWatchWhy it’s time to retire the Magnificent Seven as a stock-market talking point, say these strategists

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