"Magnificent Seven Stocks Rebound"
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more diversificationThe Arizona Republic
•Technology
Technology
Tech stocks have a bright future but things can change, making diversification essential
80% Informative
Apple , Microsoft , Nvidia , Amazon , Alphabet , Meta (Facebook’s parent) and Tesla are among the "magnificent seven " tech-centered companies.
But as a group, they aren’t diversified, and mainstream investors should recognize this.
The S&P 500 is so tech-heavy right now that it's trading in close lockstep with the Nasdaq 100, a traditional tech-dominated index.
But if you’re worried about the longevity of the stock market’s surge — or fear you couldn’t stomach big losses — adding more diversification to your portfolio could be a shrewd move. Reach the writer at [email protected]. This article originally appeared on Arizona Republic : Tech stocks have a bright future but things can change, making diversification essential.
VR Score
84
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23
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English
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