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EXCLUSIVE: Which Magnificent 7 Stock Could Best Weather A Recession? Benzinga Readers Split On Pick, With A Tie For The Win

Benzinga ·  Aug 9 22:03

A large drop in the market on Monday sparked fears of a recession. While the stock market has recovered in the days since, investors are factoring concerns of a recession and high valuations for stocks including the Magnificent 7 members.

What Happened: TheSPDR S&P 500 ETF Trust(NYSE:SPY), which follows the S&P 500 Index, and theInvesco QQQ Trust(NASDAQ:QQQ), which tracks the Nasdaq 100 had large drops of 3% due to economic uncertainties and global fears.

With many stocks down on Monday, the Magnificent 7 stocks were also hit and some investors chose to buy the dip on these stocks...

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