Wharton professor Jeremy Siegel is not sure if the “magnificent Seven” companies can continue to enjoy the run they have and expect other departments to start performing superiorly. “We have these two markets. We have seven markets for magazines, which are 30, 35 sales, and then we have 493 other stocks that sell more 19 years old, for me, for me , very reasonable, very reasonable,” Siegel told CNBC’s “Squawk Box” on Wednesday, referring to the valuation of the stock. “I often talk about 20 balanced p/e, so it really depends on what happens in that section.” “Will that department be the leader in the next bull market?” he asked. Seven MAG stocks account for about one-third of the S&P 500 index, driving most of the benchmark’s earnings over the past two years as investors piled up in the AI trade. NVIDIA alone has risen 84% over the past 12 months. However, these companies have already begun starting in 2025, especially after the unveiling of DeepSeek, a cheap open source AI model that has sparked growing fears about competition. In terms of performance, Magazine Seven has been divided into two camps. The Meta platform’s out of reach winner, up 23% this year, with the last 17-day winning streak dating back to any Nasdaq-100 in 1985. The situation in Apple is more than 7%. Meta YTD Mountain Meta platform Siegel said he will wait to invest any money to work on the Megacap Tech giant, saying he prefers small and medium-sized stocks with more attractive valuations. “I’ll be cautious on the Seven Nails,” Siegel said. “I like other groups. I mean, 19, I like them, I know we’ve been talking about it for a long time, and of course they’ve lagged behind. Little Hat , and then you go 15, 14, 13, you don’t need much growth to get decent returns. “Section Mag Seven continues 15, 18, they’ll be leaders.” “The problem is, Now, we see this game that can reduce profits. Will they become leaders in the next 12 months? I would love to give you an answer, but I think we just have to wait and see the data.”
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