The top 20 tech funds of 2023
Looking back at 2023, it’s clear that the stock market was dominated by tech — but not just by the tech sector in general. It was dominated by seven specific tech companies. The “Magnificent Seven” — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — made up 76% of the S&P 500’s gains last year.
Opinion: Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.
“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct. 27, 2023? Yes, it