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While many of the world’s investors remain focused on “The Magnificent Seven” — a group of tech stocks that significantly outperformed in 2023 — a small group of European stocks has quietly outperformed most of the world. Based on the first letters of their names, Goldman Sachs dubbed this group “Granolas,” and it accounted for 50% of gains of the Stoxx Europe 600 Index for the past year. Who are the Granolas?Granolas refers to a group of 11 European stocks operating in the healthcare and pharmaceutical sector, with an addition of luxury, consumer staples, industrial manufacturing and software…

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