BofA: Magnificent Seven’s grip on market sentiment shows no signs of loosening
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 11 2025
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Source: SeekingAlpha
Survey Findings: Bank of America's global fund manager survey indicates strong investor confidence in the "Magnificent Seven" tech stocks, with 45% of respondents identifying long positions in these companies as the most crowded trade, reflecting optimism about their growth prospects.
Market Concentration: The survey highlights a concentrated investor positioning, where major tech firms continue to dominate market attention and capital, despite ongoing discussions regarding valuations and the sustainability of the current market rally.
Analyst Views on MAGS
Wall Street analysts forecast MAGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MAGS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 64.930
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Current: 64.930
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
