Investors should look beyond the so-called "Magnificent Seven" and identify "country winners" in tech outside the U.S., according to one hedge fund manager.
Beeneet Kothari, CEO and principal portfolio manager at the U.S.-headquartered hedge fund Tekne Capital Management, said there are global tech stocks that also make good investments right now.
"Our view is that there is a Magnificent Seven set of companies in each of the major economies in the world [which] you can buy for a fraction of the value," he told CNBC Pro earlier this month.
The Magnificent Seven stocks — Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla — have dominated investor interest in tech over recent years.
Kaspi Among the stocks Kothari is betting on is the Kazakhstan-headquartered fintech Kaspi .
Persons:
Beeneet Kothari, Kothari
Organizations:
Capital Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Kazakhstan Stock Exchange, American
Locations:
U.S, Kazakhstan, Silicon Valley