Big tech has been the focus of Wall Street for most of 2024, but can it continue to perform as well as it has year to date?

Mahoney Asset Management President Ken Mahoney joins Wealth! to give insight into the tech sector and which of the Mag 7 need to be in focus for investors.

"I always think well the big three now we have Apple (AAPL) crossing $3.5 trillion valuation just a couple of days ago. First company to do that Microsoft (MSFT), Nvidia now number three. So I guess I look at the weighted averages, the weighted indexes, and that's by the way when people kind of talk about small cap and international, no, we're still here because there's so much liquidity in those names because of, you know, payroll tax and because of money coming out of 401(k) plans, 403(B) plans and a lot of money then finds its way to the weighted ones. So to your point, I think it has to be Microsoft, Apple, Nvidia has to have good numbers to kind of keep this thing going ." says Mahoney.

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This post was written by Nicholas Jacobino