From Barchart:

Analysts predict smaller, riskier tech stocks will outperform megacap giants in 2023. The “Magnificent Seven” – Apple, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla – saw big investment in 2023 but smaller tech stocks are expected to gain ground. Investors are shifting focus to smaller companies for growth potential and higher returns. This trend is driven by increased risk tolerance and a desire for diversity in tech stock portfolios. Despite the ongoing dominance of megacap tech, the future may favor high-growth potential in smaller players.



Read more: Can Small-Cap Tech Stocks Outperform Megacaps This Year?