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C - Will the Magnificent Seven or the FAANG Stocks Have a Better 2024?
Citigroup Inc.
2024-01-10 07:15:00 ET
While the "Magnificent Seven" stocks may have had their moments in the sun in 2023, before that the dominant group was FAANG. These terms were created to highlight the tech stocks that were leading the market.
There is some overlap between the two groups, but also some differences. But which set should investors buy in 2024?
First, let's review the groups' components. The "Magnificent Seven" is: