For those unfamiliar with the term Four Horsemen, it refers to the four stocks that led the Internet boom of the 1990s#Dell, #Cisco, #Microsoft, and #Intel. Much like todays Mag-7, these stocks accounted for nearly 30% of the market cap at their peak.This chart compares the valuation multiples of the Mag-7 with those of the Four Horsemen. The Mag-7 still trade at significantly lower levels. Forward #P/E for #growth #stocks are also well below the peaks of the late 1990s.
