Whether this is a "good time to bottom fish"—that is, to buy these stocks at their perceived lows with the expectation of a rebound—depends on several factors, and there’s no definitive answer without considering your investment goals, risk tolerance, and time horizon. Here’s a breakdown to help you think it through:

Reasons It Might Be a Good Time:

Valuations Are More Attractive: The sell-off has compressed price-to-earnings (P/E) ratios across the group. For example, Alphabet is trading at a P/E of around 20.5, the lowest among the seven, while others like Meta and Microsoft are also below their historical highs. This could signal a discount compared to their peak valuations earlier in 2025.

Historical Resilience: These companies have strong fundamentals—robust cash flows, dominant market positions, and a track record of recovering from past corrections (e.g., the 2022 sell-off, where some dropped 50%+ but later hit new highs). Long-term investors who held through previous dips were often rewarded.

Market Overreaction: Some analysts suggest the tariff fears might be overblown. For instance, Nvidia’s servers are largely exempt from tariffs under the US-Mexico-Canada Agreement, and Apple could shift production (e.g., to India) to mitigate costs. If the market has oversold these stocks, it could present a buying opportunity.

Reasons to Be Cautious:

Ongoing Uncertainty: The tariff situation is fluid. Trump has doubled down on his trade war stance, ruling out immediate talks with China, and retaliatory measures from other countries (e.g., Europe’s potential digital services tax) could further pressure earnings. This uncertainty might mean the bottom isn’t in yet.

Economic Fallout: Analysts like those at Goldman Sachs and HSBC warn of recession risks if tariffs persist, which could hit consumer spending and tech demand. Tesla, already down 35%+ this year amid slowing sales, and Apple, reliant on Chinese manufacturing, might face prolonged headwinds.

Technical Indicators: The Magnificent 7 have shed over $2 trillion in combined market cap in recent days, with some (e.g., Tesla at -47% from its high) in bear market territory. Historically, stocks can fall further during broad sell-offs—up to 50% or more, as seen in 2022—before stabilizing.

What to Consider:

Short-Term vs. Long-Term: If you’re looking to trade a quick rebound, timing the exact bottom is tricky and risky given the current volatility. If you’re a long-term investor, the current dip might be less critical, as these companies’ core strengths (e.g., AI leadership, brand power) remain intact.

Diversification: Rather than betting heavily on one stock, spreading investments across the group or beyond (e.g., into value stocks, which some strategists like Morningstar’s Dave Sekera see as poised to outperform) could reduce risk.

Watch Earnings: The next earnings season will be key. If these companies signal tariff-related cost increases or guidance cuts, the sell-off could deepen. Conversely, resilience or adaptation strategies could spark a recovery.

Ultimately, “bottom fishing” here is a gamble on whether the tariff storm is a temporary shock or the start of a prolonged downturn. If you believe in the long-term growth of these tech titans and can stomach near-term volatility, the current levels might look appealing. But if you’re wary of further trade war escalation or economic slowdown, waiting for clearer signals—like stabilization in stock prices or policy clarity—might be prudent.