Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent Seven stocks: Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Alphabet and Tesla.
The S&P 500 is so top-heavy and expensive that many investors are wondering if now is a good time to pour their money into its less popular sibling that spreads its assets equally across the benchmark ...