Hedge Funds’ Favorite Tech Stocks Continue to Outperform

Investors continue to be rewarded by sticking with the most popular tech and internet stocks that have led the market in recent years.

Microsoft was one of the most widely-held tech stocks at the end of Q1 '21 (David Paul Morris/Bloomberg)

Microsoft was one of the most widely-held tech stocks at the end of Q1 ’21

(David Paul Morris/Bloomberg)

So much for market rotation, huh?

As vaccinations surged and the U.S. economy continued to open up, many pundits have been making the case that value stocks and companies benefitting from the revival of economic activity will lead the markets at the expense of the big name, widely held and expensive tech stocks that led the markets for the past few years.

They

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