Citi Recommends Moving Beyond Magnificent Seven as AI Exposure Strategy
Citigroup's head of US equity strategy stated that the 'Magnificent Seven' tech stocks are no longer an effective framework for assessing large-cap growth dynamics. The bank suggests investors refocus their strategies, citing a performance gap where broader S&P 500 segments have outperformed the Mag 7 group this year.
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Topics: AI exposure Citi Mag 7 S&P 500 performance