Why the Magnificent 7's 'momentum is collapsing'

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Why the Magnificent 7's 'momentum is collapsing'
Earnings GrowthJonathan GolubAmazon
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Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the...

All seven of the big tech leaders are off their recent highs, as highlighted by a 10% single day-drawdown for Nvidia , its worst one day price performance since March 2020.) not individual stocks, remains Overweight on technology outside of the six stocks he names in his note. But for the large companies whoover the past year, Golub believes the tide may be shifting, and other areas are set to outperform the largest stocks in the S&P 500.

This shift in where earnings are growing the most could be "disruptive in the near term," Golub said. But given"This target remains supported by broadly positive fundamentals and a robust economy," Golub wrote. Buy-and-hold stocks are easy enough to find if you limit yourself to dividends, but there are at least a few Canadian stocks you can hold virtually forever for their growth potential. The post TFSA Investors: 2 Winning Buy-and-Hold Forever Stocks in April 2024 appeared first on The Motley Fool Canada.NEW YORK -A lawyer for Donald Trump tried to convince a judge on Monday that the insurer that provided the former U.S.

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