While the Magnificent 7 stocks were seemingly all that anyone talked about last year, they have been pretty quiet in 2024. And yet, they still impact the performance of the S&P 500 even more so than they did last year.
That means the Magnificent 7 stocks continue to influence what we think of as a broad market rally. In reality, it is still a handful of companies driving the index to record highs. Do they still deserve their valuations? In fact, are the following three Magnificent 7 stocks still as magnificent as they were?
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