Apple, Tesla And Other MAG 7 Peers Too Expensive? Top Hedge Fund Challenges 'Overvaluation' Concerns - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
1. Bridgewater Associates questions claims of overvaluation for the 'Magnificent Seven'. 2. AAPL needs to sustain 14% earnings growth; recent growth was 20%. 3. Remaining S&P 500 stocks must grow at 8% annually for fair valuation. 4. High concentration in top stocks risks diversification but indicates potential market strength. 5. Analysts express concerns over potential overvaluation and market optimism.