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TechFlow, November 18 — According to Jinshi Data, in Bank of America's November Global Fund Manager Survey, 54% of respondents identified buying the "Magnificent Seven"—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—as the most crowded trade. The bank noted that "long the Magnificent Seven" replaced "long gold" as the top crowded trade in November.
According to Jinshi Data, in Bank of America's November global fund manager survey, 54% of respondents said that buying the "Magnificent Seven"—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—is currently the most crowded trade. The bank noted that being long the Magnificent Seven replaced being long gold as the top crowded trade in November.
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