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GRANOLAS' Downturn: Risks of Reliance on Market Winners

2/25/2025

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Summary

Story summary

The "GRANOLAS" were once leading European stocks, akin to the U.S. "Magnificent Seven."
They contributed 60% of European stock market gains last year.
Recently, these stocks have struggled, offering low returns for dollar-denominated investors.
Their downturn underscores the risks of relying on previous market winners for future success.

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Story summary

The "GRANOLAS" were once leading European stocks, akin to the U.S. "Magnificent Seven."
They contributed 60% of European stock market gains last year.
Recently, these stocks have struggled, offering low returns for dollar-denominated investors.
Their downturn underscores the risks of relying on previous market winners for future success.