If you currently hold Tesla (NASDAQ: TSLA) and Apple (NASDAQ: APPL)—two popular Magnificent Seven stocks—you might want to consider rotating out of them and into Broadcom (NASDAQ: AVGO) and Oracle (NYSE: ORCL) instead.
This advice comes from Vimal Patel, Co‑Portfolio Manager of the Columbia Seligman Global Technology Fund (SHGTX), whose mutual fund has outperformed its tech-sector peers by 6% over the past five years.
