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Investors should use any correction as an opportunity to load up on Magnificent 7 stocks, NYU valuation expert says

The article from MSN Money discusses insights from NYU finance professor Aswath Damodaran, who advises investors to view any market correction as a buying opportunity, particularly for the "Magnificent Seven" stocks, which include companies like Apple, Microsoft, and Amazon. Damodaran highlights that despite their high valuations, these tech giants have strong fundamentals and growth prospects that justify their prices. He suggests that these stocks are not overvalued when considering their future earnings potential and the broader economic context. He also notes that while these stocks might experience volatility, their long-term value remains compelling, making any dip in their stock prices an excellent chance for investors to increase their holdings. However, he cautions that investors should still perform due diligence and consider their risk tolerance before investing heavily in these stocks.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/investors-should-use-any-correction-as-an-opportunity-to-load-up-on-magnificent-7-stocks-nyu-valuation-expert-says/ar-AA1vcWnx ]