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United StatesEconomy5 days ago

Tesla booted from the ‘Magnificent Seven’ by a top fund manager. Here is the tech giant he’s crowned.

T. Rowe Price fund manager David Giroux has removed Tesla from his 'Magnificent Seven' portfolio, replacing it with a tech giant. Giroux argues that Big Tech is not in a bubble and highlights opportunities in healthcare and utilities.

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MarketWatchParty-alignedCenter5 days ago
Tesla booted from the ‘Magnificent Seven’ by a top fund manager. Here is the tech giant he’s crowned.

T. Rowe Price fund manager David Giroux has removed Tesla from his 'Magnificent Seven' portfolio, replacing it with a tech giant. Giroux argues that Big Tech is not in a bubble and highlights opportunities in healthcare and utilities.

Bias read (Center): The article presents a financial decision by an investment manager without overtly favoring any political perspective. It focuses on market strategy rather than policy or ideology.