C - Are the Magnificent Seven Too Expensive to Buy?
2024-03-29 07:15:00 ET
The "Magnificent Seven" has driven most of the stock market gains since the beginning of 2023, but each stock is starting to show cracks in its armor. Some of them have gotten far too extended and trade for unreasonable valuations despite the success in their underlying businesses. But are all of them overvalued?
Let's examine this group and see if any could be considered cheap or if you'll need to pay a hefty premium to own these seven stocks.
The Magnificent Seven is made up of the following companies:
For further details see:
Are the "Magnificent Seven" Too Expensive to Buy?