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“Magnificent 7” tech giants NVIDIA (NVDA), Microsoft (MSFT), and Apple (AAPL) dominate passive investing flows. But a quiet shift is underway: Broadcom (AVGO) is carving out a larger share of the pie.
In the Sept. 5 Market on Close livestream, John Rowland, CMT, explained how Broadcom is benefiting from the concentration trend that defines modern equity markets — and what it means for traders and investors.