The “Magnificent Seven” Are Still Growing Faster Than the Rest of the S&P 500. Here’s When That Could Change, According to Wall Street Analysts.
The S&P 500 (SNPINDEX: ^GSPC) has produced phenomenal returns over the last two and a half years since the bottom of the 2022 bear market. The index is up nearly 70% since Oct. 2022, but much of that gain has been driven by just a handful of stocks. The “Magnificent Seven” ha