Prediction: This Stock Will Be the Safest of the "Magnificent Seven" During Tariff Turmoil
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President Donald Trump's import tariffs have been the big subject for investors in recent weeks, with any new announcement guiding the market's direction. And technology stocks such as the "Magnificent Seven" have been particularly vulnerable to the news since they rely a great deal on international production of raw materials and finished goods. In fact, their cost structure depends on manufacturing in countries that have specific infrastructure and a particular economic backdrop. This offers U.S. tech giants the production capacity they need at a low cost.The Magnificent Seven stocks led gains in the Nasdaq Composite last year, but today, these tech players are pushing the index lower amid concerns about how Trump's tariffs will impact them.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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