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MAMAGA - Making Mag7 Great Again: Why Goldman Expects Supertechs To Soar This Summer

By John Flood, head of Goldman Americas Equities Sales Trading

I am watching for Mag 7 to start outperforming the broader market as we have officially entered summer.

Supercap Tech will act as a “defensive growth proxy” and this is exactly what investors want during what will remain highly uncertain times. Earnings have been stellar – Mag 7 just posted its best quarterly positive EPS surprise since 3Q of 2023...

via June 1st 2025