3 Reasons to Buy the Vanguard Growth ETF Like There's No Tomorrow
The market is firmly back in bull territory, and bull markets favor growth stocks and tech stocks. That's been the case since the S&P 500 hit its bear market bottom in Oct. 2022, only to quickly rebound and reach new all-time highs this year. Many growth stocks battered by the previous downturn are soaring once again.
And one of the best proxies for these high-performing stocks is the Vanguard Growth Index Fund ETF (NYSEMKT: VUG), which follows the CRSP (Center for Research in Securities Prices) U.S. Large-Cap Growth Index. This is an index of top growth stocks, and its returns have topped the S&P 500 over most time periods. Here are three reasons to buy it right now.
Source Fool.com