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Payne's Perspective: New Year Vibe

12/8/2025
By Charles Payne, CEO & Principal Analyst

Mag Seven Gets Cheaper

The “Mag Seven” has been the “Lag Seven,” as investors have moved on to other areas of the market.

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Even as the narrative of being too expensive continues to haunt “Mag Seven” stocks, the fact is that these names have gotten stronger and cheaper based on earnings (fundamentals).

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Concentration Risks?

The most prominent 10 names indeed account for a greater percentage of overall market capitalization  than of earnings, but these names remain the most formidable companies in history. This is not the dot.com bust.

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Meanwhile, “Mag Seven” is rebounding, and once Roundhill Big Tech ETF (MAGS) closes at a new high, I suspect it will trigger panic buying.

A graph showing the price of a stock marketAI-generated content may be incorrect.

To read the full report, contact your account representative or email Info@wstreet.com.

Charles Payne
Wall Street Strategies


 

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