Big investors may be taking the money and running when it comes to some, though not all, heavyweight technology-related stocks right now, with Apple Inc. and Tesla Inc. topping a Jefferies list of the most underowned stocks right now.
The S&P 500 index SPX has nearly made up for a 19% loss in 2022, with a 15% gain so far this year. That’s been driven by tech stocks, with the Nasdaq Composite COMP up 30% to date in 2023, versus a 33% loss in 2022. But the Nasdaq recently capped its worst two-week stretch since December, weighed…
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