With international markets starting to catch up to U.S. stocks, it’s time now for investors to take a look at a global version of the popular “Magnificent 7” portfolio, according to Tim Seymour of Seymour Asset Management, who has been investing internationally for nearly three decades. “Big thematic, secular trends that have been exciting … there’s opportunity globally and the opportunities in some of these names are [at] significant discounts,” said Seymour in a special Pro Download interview for CNBC Pro with me. These stocks trade in the U.S. so they are as easy to play for domestic investors as the regular Magnificent 7 names such as Nvidia and Amazon . (See full video above for comments and stock picks.) While the U.S. benchmark S & P 500 has turned around earlier losses to put up a 3% gain so far this year, most major global markets are doing even better in 2025 after many years of underperformance. The Euro Stoxx 50 , the FTSE 100 in the U.K. and Germany’s DAX are all handily topping the S & P 500. Seymour thinks there are several structural things that are becoming tailwinds for international markets, including valuations of U.S. tech stocks versus their global counterparts, foreign investor flows starting to favor home markets over the U.S. and, perhaps most importantly, an embrace of deficit spending in countries such as Germany. “There’s a group of global Mag 7s out there, too, that I think finally are getting a little more attention and some of this is a function of the same big-picture thematic trends around AI and data centers,” said Seymour, adding that his global version of the popular trade also contains some stocks outside of tech. Here are his global Mag 7 names: ” SAP is not only a software play on AI, but it also is on data center and security,” said Seymour. “This is a combination of CrowdStrike and Salesforce. Before those companies were even established, SAP’s been a global leader.” On top of those seven, Seymour also mentioned Siemens positively. The ” Fast Money ” trader also discussed: Why the stock and oil markets have shrugged off the Iran bombings this week. It’s all about the energy infrastructure and whether that stays intact. Why his view is not anti-U.S. and how the country will keep its reserve currency status. Long overdue deregulation in Europe opening up an opportunity in banks such as Barclays. Why the time is now for global markets to outperform the U.S. Seymour is a portfolio manager for the Amplify CWP International Enhanced Dividend Income ETF (IDVO) , which owns many of the global Mag 7 stocks above.
30 de maio de 2025
