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Forget the "Magnificent Seven" -- Buy This Growth ETF Instead


The "Magnificent Seven" stocks are popular among investors right now. This group focuses on tech stocks that are cashing in on huge trends such as artificial intelligence (AI) and the shift toward digital workflow. These trends could lift the results of businesses like and Apple (two members of the Magnificent Seven) for years and potentially decades to come.

Yet buying into these stocks is a risky proposition. Most of them have rallied in the past year and are trading near all-time highs. That performance may raise concerns that you'll purchase the shares right before a downturn. There's always the chance that the stock you pick will underperform its peers, as well.

Instead, consider owning an exchange-traded fund (ETF), which would reduce these diversification risks. The Schwab U.S. Large-Cap Growth ETF (NYSEMKT: SCHG) is a great way to gain exposure to members of the Magnificent Seven without the hassles involved with putting together your own portfolio of tech giants.

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Source Fool.com

Microsoft Corp. Aktie

379,60 €
-1,06 %
Mittlere Verluste bei Microsoft Corp. heute, der Kurs fällt um -1,06 %.
Überwältigendes Buy-Interesse bei Microsoft Corp., mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 426 € für Microsoft Corp. gegenüber dem aktuellen Kurs von 379.6 € wird gesehen.
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