Are The "Magnificent Seven" Stocks Still Worth Buying?
Most of the "Magnificent Seven" stocks are still doing well. Just don't expect generational returns anymore.
Overview
The "Magnificent Seven" stocks have captured a lot of headlines over the years, but they haven't been as impressive recently. The Roundhill Magnificent Seven ETF (NYSEMKT: MAGS), a fund that exclusively tracks them, is only up by 5% year to date.
It's trailing the S&P 500 and Nasdaq Composite this year. There are a few key details investors should consider when assessing whether the underperformance is temporary or part of a long-term trend.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.