The Magnificent Seven: A Tech Stock Phenomenon

1 min read
Source: MarketWatch
The Magnificent Seven: A Tech Stock Phenomenon
Photo: MarketWatch
TL;DR

As the "Magnificent Seven" tech stocks continue to dominate the market, investors may want to broaden their exposure to other quality tech-related companies. Josh West, co-manager of the Buffalo Mid Cap Fund, highlighted seven information services companies that offer wide-moat businesses and stable returns on invested capital. These companies include MSCI Inc., Verisk Analytics Inc., Gartner Inc., CoStar Group Inc., Equifax Inc., Moody's Corp., and IQVIA Holdings Inc. These stocks have shown strong performance and trade at a premium due to their growth potential and high returns on capital.

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