I believe investors should stand by the Magnificent 7 companies, even as their valuations become a tad on the swollen side. They’re among the biggest beneficiaries of the artificial intelligence (AI) boom.
With the best and brightest tech talent, vast ecosystems of users, and the ability to make the most of their economies of scale, it’s hard to envision a smaller company with what it takes to catch up to them.
So, if you’re like many who do not buy that too much Magnificent 7 exposure is a bad thing, an ETF that’s even heavier on the seven tech titans may be worth picking up.
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