Magnificent Seven Stock Group Loses Shine as Returns Diverge; New Lineup With Costco, Eli Lilly Outperforms
• The "Magnificent Seven" stock grouping is losing its luster as returns diverge widely among members • Nvidia, Meta, Amazon, and Microsoft are clear outperformers, while Tesla, Apple, and Alphabet are lagging • Removing the 3 laggards and adding Costco and Eli Lilly creates a better performing group • The new "Mag Six" is outperforming the original "Mag Seven" over different timeframes • No grouping has beaten the returns of just the top 4 outperformers - Nvidia, Meta, Amazon and Microsoft