Worried About the Magnificent 7? ETFs to Diversify Tech-Heavy Portfolios
Nvidia(NVDA) ZACKS·2025-01-31 02:25
Following a strong artificial intelligence-led rally in the markets in 2024 and significant tech sector growth, investing heavily in technology or following a momentum investing approach seems rewarding. This is evident from the performance of the S&P 500 Information Technology Index, which has gained 24.82% over the past year.However, investing heavily in the technology sector to capitalize on AI’s growth potential, comes with increased concentration risk. This was highlighted when nearly $1 trillion in ma ...