Although Wall Street offers few guarantees, short-term volatility is one of them. Since the curtain opened on 2020, Wall Street's three major stock indexes have traded off bear and bull markets in successive years (through 2023).

When equities are getting whipsawed by uncertainty, it's not uncommon for professional and retail investors to seek the safety of industry-leading stocks, such as the companies that make up the "Magnificent Seven."

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Source Fool.com