WHAT NOT TO BUY

Hint: it's Wall Street's favourite recommendation

Now that the Iran/US/Israeli war has been “resolved” and is “behind us”¹, I am seeing all sorts of sell-side recommendations to buy MAG7. I understand the reasons for this call. Buying the dip in these stocks has worked in the past, and by many metrics, MAG7 is now as cheap as it has ever been in the post-COVID era. However, there are plenty of stocks th…