Payne's Perspective: New Year Vibe
12/8/2025
Mag Seven Gets Cheaper The “Mag Seven” has been the “Lag Seven,” as investors have moved on to other areas of the market.
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).
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.
Meanwhile, “Mag Seven” is rebounding, and once Roundhill Big Tech ETF (MAGS) closes at a new high, I suspect it will trigger panic buying.
To read the full report, contact your account representative or email Info@wstreet.com.
Charles Payne
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