The Magnificent Seven have dominated stock market returns and the investment headlines for the past year-and-a-half.
The behemoths, Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta and Tesla have been bunched together thanks to their sparkling share price performance and their tech status.
But which of the Magnificent Seven remain a good investment now? On this episode of the Investing Show, Stephen Yiu, manager of the Blue Whale Growth fund explains to Simon Lambert why he likes some of these stocks but would avoid others.
The fund, which is up 18 per cent this year, and delivered a 30 per cent return to investors in 2023, is one that has profited from some of those names.
Running through the good, the bad and the ugly of the Magnificent Seven, Yiu explains why he is happy to continue holding a big position in Nvidia and Microsoft – and why he bought back into Meta after previously selling out of it.
Yiu runs a tight portfolio for Blue Whale with just 30 holdings picked from what he sees as the world’s best growth stocks.
He explains how he chooses those stocks and how he decides whether to hold on or sell.
