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DailyBubble News

The biggest risk to investing in ‘Magnificent 7’ stocks like Nvidia and Amazon, according to top CEOs

At the recent Milken Institute Global Conference, Avenue Capital Group’s Marc Lasry shared his thoughts on the risks associated with investing in popular tech stocks, known as the “Magnificent Seven.” Lasry emphasized that investing in well-known companies like Nvidia, Microsoft, Apple, Amazon, Google, Meta, and Tesla can be risky as these stocks may not perform well in the future.

According to Lasry, when investors are nervous, they tend to flock to familiar tech names that they believe will stand the test of time. However, Lasry pointed out that the future is uncertain, and there may be better opportunities on the credit side of investing.

DailyBubble’s take on this issue is that while investing in established tech giants may seem like a safe bet, it’s important for investors to diversify their portfolios and consider other investment opportunities. By staying informed and being open to different options, investors can better navigate the ever-changing market landscape.

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