Only 2 are in the Magnificent Seven

It was a big rebound year for stocks. The S & P 500 gained 24%, while the Dow rose 14% and the tech-heavy Nasdaq rose more than 43%. All three major averages were coming off big losses in 2022. Our portfolio of 33 stocks also bounced back. Throughout the year, we held onto our conviction and tuned out unwarranted noise and speculation. For example, our “own it, don’t trade it” thesis on Apple shares served us well despite a $200 billion two-day sell-off back in September on reports of a potential iPhone ban in China. The stock is up 55%…