A portfolio manager says investors are looking overseas as Magnificent Seven worries grow. Here are the stocks and sectors he favors

Julian McManus, a portfolio manager at Janus Henderson, stated that investors are shifting capital to overseas markets as concerns about concentration in the Magnificent Seven technology stocks increase demand for portfolio diversification. McManus identified specific stocks and sectors as alternatives to the large-cap tech group, though the article does not detail which individual securities or sectors he recommended. The Magnificent Seven consists of Apple, Microsoft, Google, Amazon, Tesla, Meta, and Nvidia.

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