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How investors can ride the ‘Magnificent 7’ wave

Ed Monk

Ed Monk - Fidelity International

This week - how can investors work the dominance of the Magnificent 7 giants to their advantage? Those remarkable tech companies at the top of the US stock market have driven the bulk of returns and were a saving grace for investors last year.

But what happens now, when buying them often means buying at sky-high valuations and when years of spectacular future growth are already priced in?

Important information: The value of investments and the income from them, can go down as well as up, so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. Overseas investments will be affected by movements in currency exchange rates. Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for the purposes of illustration only. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.


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