Fracturing 'Magnificent Seven' Trade Puts Spotlight on Megacap Valuations
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Fracturing 'Magnificent Seven' Trade Puts Spotlight on Megacap Valuations

Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations. The so-called "Magnificent Seven" are collectively trading at an average of 33 times their expected earnings...