Will Tech Stocks Bounce Back or Should You Sell Them Instead?

The broad-based S&P 500 Index ($SPX) is hovering near record highs, and the 30-share Dow Jones Industrial Average Index ($DOWI) closed above 50,000 for the first time earlier this week. However, tech stocks, particularly the Magnificent 7, that pretty much led the rally from the front since the March 2020 lows, tell a different tale. Apple (AAPL) has been somewhat of an outlier, down only about 5% from its all-time highs—but it also never really participated in the artificial intelligence (AI) rally, so ...