“ “Whoever coined the expression ‘Magnificent Seven’ for these companies presumably didn’t see the movie.””
But we have a good idea which companies won’t be on that list: today’s Magnificent Seven — Microsoft MSFT, +0.64%, Apple AAPL, +2.08% Amazon.com AMZN, +0.78%, Nvidia NVDA, +2.77%, Alphabet GOOGL, +0.74%. Meta Platforms META, -0.34%, and Tesla TSLA, +6.24%. These are the results of research conducted by Research Affiliates, the investment firm headed by Robert Arnott. He and fellow researchers focused on the 10 largest-cap companies at the beginning of each decade since 1980. They found that, on average, eight of those 10 were gone from the top-10 list by the end of that decade. Furthermore, the average 10-year performance of all 10 was significantly below that of the overall U.S. market.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Today's 'Magnificent Seven' stocks are destined to ride off into the sunsetIt’s unlikely that the largest companies now will dominate the stock market in a decade
Leer más »
Will weakness in Magnificent 7 stocks spread to Bitcoin price?Stocks are starting to correct. Will Bitcoin price follow or become a hedge?
Leer más »