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After falling out of favor in the first four months of 2025, the so-called Magnificent Seven group of megacap tech companies has fueled the stock market’s May recovery from the sharp selloff ...
In 2023, Bank of America analyst Michael Hartnett began using the phrase "Magnificent Seven" to describe these stocks, borrowing from the 1960s ensemble Western movie of the same name. Besides ...
Magnificent Seven represent 32% of the S&P 500 as of March 2025, up from 12.3% in 2015. From 2015 to 2024, these seven companies achieved a 697.6% return, outperforming the S&P 500. In 2025 ...