...Magnificent 7' Stocks Amid Valuation Concerns, Adds This Automotive Stock...

Published on 17 Feb 2025 on Benzinga

...Magnificent 7' Stocks Amid Valuation Concerns, Adds This Automotive Stock...

Following the recent comments from billionaire investor Ray Dalio on “expensive,” companies with high valuations, his fund Bridgewater Associates trimmed its positions in six of the ‘Magnificent 7’ stocks during the fourth quarter, while taking a fresh position in Elon Musk-led Tesla Inc. TSLA.

What Happened: According to its 13-F filing with the U.S. Securities And Exchange Commission, the ‘Magnificent 7’ stocks witnessed a double-digit cut in their positions at Bridgewater, except Tesla.

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...Magnificent 7' Stocks Amid Valuation Concerns, Adds This Automotive Stock...

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