With five-sevenths of the Magnificent Seven stocks reporting earnings this week, perceived negative news could cause a drop in share prices. And if one starts to drop, investor sentiment could likely force a selloff of all seven.
However, these are the most successful seven public companies in the U.S., and their long-term prospects are outstanding. We call them “magnificent” for a reason.
Roundhill Investments has established the Roundhill Magnificent Seven ETF (MAGS). While MAGS offers a great way to get equal weight exposure to the seven stocks, I prefer another fund from Roundhill.
This post originally appeared at Investors Alley.