According to Goldman Sachs executive Lee Coppersmith, the stocks of the ‘Magnificent Seven’ tech companies might be poised to recover.
In a recent analysis, Coppersmith drew parallels between today’s market conditions and the market decline experienced in March 2020 at the start of the COVID-19 pandemic.
During that period, similar to now, it became clear that the market was losing faith in the ‘Magnificent Seven’ stocks as top performers. Looking back, especially after the initial COVID-19 recovery, those companies bounced back strongly, creating a good chance to profit from their growth. This could have been done by directly buying the stocks or by investing in them relative to the overall market.
We’re now advising clients that if they reduced their risk last month, this is a good time to increase their investment in the overall market. It’s an attractive chance to benefit from potential market growth.
From my perspective, investors haven’t soured on AI at all. Instead, they’re using what I’d call a ‘barbell’ approach – putting money into both very safe, established AI companies and higher-risk, potentially high-reward AI startups. It’s a way to balance security with the excitement around this technology.
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2026-04-14 18:42