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XLG ETF: A Concentrated Bet On The Magnificent Seven (NYSEARCA:XLG)

Thesis

The trade of the year in 2023 has been to be long the so called ‘Magnificent Seven’:

  1. Alphabet (GOOGL),
  2. Apple (AAPL),
  3. Amazon (AMZN),
  4. Meta Platforms (META),
  5. Microsoft (MSFT),
  6. Nvidia (NVDA) and
  7. Tesla (TSLA)

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