The technology sector, fueled by the artificial intelligence boom, has attracted many investors seeking growth opportunities. The Vanguard Information Technology ETF (VGT) has surged nearly 21% year-to-date, outperforming the S&P 500 and Nasdaq Composite. However, caution is advised as VGT is heavily weighted towards a few mega-cap tech stocks, with Nvidia, Apple, and Microsoft accounting for over 45% of the ETF. Investors may consider diversifying with alternatives like the Invesco QQQ Trust ETF, which offers exposure to these companies while reducing dependency on their performance. The Motley Fool Stock Advisor team has identified 10 other promising stocks for investment.
Read more at Nasdaq: 1 Risky ETF You Want to Avoid Buying in December
