Only 1 Vanguard Sector ETF Is Down More Than 5% From Its 52-Week High. Here's What That Means for Investors in Value, Dividend, and Growth Stocks.
What started as an artificial intelligence (AI) and growth stock-driven rally has blossomed into a widespread flurry of higher equity prices. Growth-oriented sectors, like technology and communications, are no longer the sole winners. Of the 11 Vanguard sector exchange-traded funds (ETFs), 10 are down less than 5% from their 52-week highs. Even stodgy and safe sectors are putting up monster gains.
Here's why a broader rally is better than a rally driven by a few sectors and how to navigate a bull market when valuations are getting more expensive.
Source Fool.com