‘Magnificent Seven’ earnings expected to beat rest of S&P 500 — but that might not calm high-valuation fears
1. MAGS has surged 37% in 12 months, outperforming the S&P 500. 2. Magnificent Seven stocks are 34% of the S&P 500, raising concentration risk. 3. 1.6x faster earnings growth expected for Magnificent Seven compared to S&P 500. 4. Macroeconomic conditions will affect market valuations and investor confidence. 5. AI advancements are projected to benefit long-term corporate profits.