These strategists say investors need quality, so sell Tesla and AMD, and buy these stocks instead.

Here comes the third quarter, next stop, the rest of the year. Judging by stock futures action, the first half could end on a positive note.

In short, the losers of last year — tech — have been winning in 2023 so far. But Sean Simonds, UBS equity strategist, says investors should not expect the AI narrative that has driven gains for the quarter to continue in the next. Their stocks that have moved into the “most attractive” rankings of that macro select model over the last month are shown in the below chart, with a decile rank of 1 or 2. Among those names are Green Brick Partners GRBK , Civitas Resources CIVI , Cytokinetics CYTK , Camden Property CPT and Atmos Energy ATO .

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