
The Clash Against The Magnificent Seven
The Magnificent Seven have gained 71% this year while the other 493 stocks in the S&P 500 have gained just 6%.
Yes, even the Nasdaq-100 Index rebalances. What about you?
Seven companies (combining Alphabet’s share classes) represented over 55% weighting of the NASDAQ 100 index and were educed to 38% with smaller companies within the index being purchased.