"Stock Group Outperforms Magnificent Seven"

A grouping of European stocks known as GRANOLAS, coined by Goldman Sachs, has kept up with the highflying tech giants, the Magnificent Seven, with a 63% return and lower volatility since January 2021. These stocks, including GSK, Roche, ASML, Nestle, Novartis, Novo Nordisk, L’Oreal, LVMH, AstraZeneca, SAP, and Sanofi, trade at 20 times earnings versus 30 for the Magnificent Seven and offer strong and predictable growth. Despite their success, Goldman has not created a fund for trading on this theme, requiring investors to buy each stock individually.