Nvidia has gained over 3,000% in the past five years alone — but the high returns of the AI chip maker and other tech giants in the Magnificent Seven (Nvidia, Amazon, Apple, Meta, Microsoft, Google, and Tesla), are not without their risks, warns an industry expert.
In a “Smart Investing” video interview published on Wednesday, Eric Beiley, executive managing director of The Beiley Group at Steward Partners, a wealth planning and investment strategy firm, weighed in on the Magnificent Seven’s impact on the market.
“These handful of stocks have produced just immense returns,” he said, highlighting Nvidia’s over 100% stock growth year-to-date. “And returns over the last three, five years are
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