This Company Owns a Big Chunk of the "Magnificent Seven" -- and Wall Street Thinks Its Stock Is a Screaming Buy
Who owns the biggest companies in the country? Millions of shareholders. However, a handful of giant institutional investors own the largest stakes.BlackRock (NYSE: BLK) ranks near the top of the list of those huge institutional investors. This company owns a big chunk of the so-called "Magnificent Seven" -- and Wall Street thinks its stock is a screaming buy.The Magnificent Seven consists of the following stocks (listed in descending order based on market cap):Continue reading
![This Company Owns a Big Chunk of the "Magnificent Seven" -- and Wall Street Thinks Its Stock Is a Screaming Buy](https://g.foolcdn.com/editorial/images/806714/wall-street-young-man-with-laptop.jpg)
Who owns the biggest companies in the country? Millions of shareholders. However, a handful of giant institutional investors own the largest stakes.
BlackRock (NYSE: BLK) ranks near the top of the list of those huge institutional investors. This company owns a big chunk of the so-called "Magnificent Seven" -- and Wall Street thinks its stock is a screaming buy.
The Magnificent Seven consists of the following stocks (listed in descending order based on market cap):