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Forget the 'Magnificent 7,' buy these high-quality alternatives instead, Piper Sandler says

Summary by CNBC
While the "Magnificent Seven" helped lead the market higher last year, there are other stocks investors should eye for 2025 instead, according to Piper Sandler.

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Forget the 'Magnificent 7,' buy these high-quality alternatives instead, Piper Sandler says

While the "Magnificent Seven" helped lead the market higher last year, there are other stocks investors should eye for 2025 instead, according to Piper Sandler.

·United States
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Top 2 ‘Magnificent Seven’ alternatives to own in 2025

“Magnificent Seven” were the standout performers last year but a Piper Sandler analyst is not entirely convinced they’re positioned for a repeat telecast in 2025.Other than Meta Platforms Inc, none of them has significantly outperformed the benchmark S&P 500 index year-to-date. In fact, four of those mega-cap tech stocks are actually in the red.Therefore, the firm’s senior analyst Michael Kantrowitz recommends bailing on the “Magnificent Seven” …

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CNBC broke the news in United States on Wednesday, February 19, 2025.
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