Apple and Oracle Helped Propel These 3 Vanguard ETFs to All-Time Highs. Here’s My Favorite to Buy Now.
From Nasdaq: 2024-06-16 13:30:00
Apple (NASDAQ: AAPL) and Oracle (NYSE: ORCL) hit all-time highs, with Apple up over 14% in the last month driven by positive response to its Worldwide Developers Conference. Oracle, up 19% in the last month, saw a boost from financial results. Vanguard Total Stock Market ETF and Vanguard S&P 500 ETF are ideal choices for mirroring market performance due to low fees and high asset value.
Vanguard Total Stock Market ETF has 3,719 holdings, while Vanguard S&P 500 ETF has 504, both with 0.03% expense ratios. The choice between the two depends on the performance of mega-cap and large-cap stocks. The Vanguard Information Technology ETF offers diversified exposure to the tech sector featuring high-growth stocks like Apple and Oracle, as well as semiconductor industry leaders like Nvidia and Broadcom.
Tech stocks boast a high P/E ratio, highlighting their premium valuation. While the sector is overextended from a valuation standpoint, it remains a good investment option for those with a high risk tolerance. The Vanguard Information Technology ETF is favored over the Vanguard S&P 500 ETF and Vanguard Total Stock Market ETF for its exposure to the growing trend of AI and tech innovation. The Motley Fool Stock Advisor analysts recommend the 10 best stocks for potential high returns, but Vanguard World Fund – Vanguard Information Technology ETF did not make the list.
Read more at Nasdaq: Apple and Oracle Helped Propel These 3 Vanguard ETFs to All-Time Highs. Here’s My Favorite to Buy Now.