Diverging returns across the Magnificent Seven

Diverging returns across the Magnificent Seven

There have been multiple groupings of dominant companies over the years, from the previous ‘FAANG’, which included US listed companies Facebook, Apple, Amazon, Netflix and Google, to Europe’s more recent ‘GRANOLAS’, which is made up of 11 large-cap European listed stocks spanning sectors such as pharmaceuticals, luxury, consumer staples and technology.It is, after all, part...