Easy money seems to being made with end of quarter rebalancing, moving Tesla and Apple up off lows

Toward the end of a quarter, investment managers (fund managers) usually take profits from stocks that have done well, like Nvidia for example, and then move some cash into unloved ‘quality’ stocks, that have not done well, such as Tesla and Apple. Why?

Well, investment managers typically need to bring their investment portfolios back into alignment, as part of their set-out mandate in managing other peoples money. That’s to put it simply. Just keep in mind investment managers and exchange-traded fund providers typically do this every quarter, to bring their investment portfolios back into alignment. But it's not just about buying a ‘cheap stock'. Investment managers are thinking about future long-term growth and why stocks like Tesla and Apple shares could be higher in a year.