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home / news releases / MGK - MGK: U.S. Mega-Cap Growth Stocks Remain Under Pressure Despite Better Valuations

MGK - MGK: U.S. Mega-Cap Growth Stocks Remain Under Pressure Despite Better Valuations

Vanguard Mega Cap Growth
  • Mega-cap growth stocks have been at the forefront of selling pressure across the domestic stock market this year.
  • MGK is a low-cost, highly-liquid way to play moves in the top 10 biggest U.S. growth companies.
  • While its P/E ratio is way down from the start of 2022, technical pressure remains and buyers should dip their toes cautiously.
  • Short-term traders should consider a short position on a break to new lows.

For further details see:

MGK: U.S. Mega-Cap Growth Stocks Remain Under Pressure Despite Better Valuations
Stock Information
Company Name: Vanguard Mega Cap Growth
Stock Symbol: MGK
Market: NYSE
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