A brief assessment by Chief Strategist Dave Sekera at Morningstar.

I'm attaching a photo, as I confess I don't know him at all, nor do I follow the investment company in any way. Does anyone know this guy? 😊

He's on a nice growth spurt so far this year and we all know why. But it's better to keep reminding ourselves so we don't fall into the delusion that everything is green. These 3 companies, $AAPL $NVDA and $AVGO account for almost 40% of the increase in market value of the S&P 500 and $SPY which is up almost 12%. He rates these three companies as overvalued and recommends selling. Further, when he pokes around a bit, he points out how precarious the situation is because only these 10 companies are powering the S&P 500 index. The three others mentioned are $MSFT $AMZN $META $TSLA $AMD and $CRM

Missing is the popular $GOOG and the only one they think is still undervalued.

How do you see it my friends? Prices are high in this sector and the boom around AI is simply here, no doubt about it. On the other hand, those of you who are holding, like me, I probably wouldn't be leaving "frantic" positions. Not on everything, but that's an individual consideration. I personally hold $AAPL for which, despite a slight dip now that it has come up with a boatload of news, I see potential for growth. As even mentioned here, it's just Apple, even if more expensive, people will buy it, it has a strong brand. I personally see it making a new ATH here this year. Then I hold $MSFT, there it's probably clear who has it at lower prices, it just holds because it's the leader and will be for a long time. The $GOOG, well, undervalued to me as the Morningstar strategist states, but you could definitely catch some nice buys under $100. I'm holding it now, I see slower growth here. The $AMZN one is definitely not lagging and although also slower, I'm leaning towards growth there too and I don't believe we'll get to the low prices like we did a few months ago. And last on this list I still hold $META Here it's hard to say, I believe it could get to the $300 mark but I'm cautious and watching if there should be a hint of a bigger drop. While for many Zuckerberg is not a favorite, like Musk, I like that he has woken up a bit and isn't just looking at his VR one.

The other companies mentioned are not in my portfolio and thus I don't follow them as much. As I mentioned, prices are high and overpriced it may be, I believe, but only time will tell. And how do you feel about what you hold/sold from this list.