The Tech Sector Just Hit an All-Time High. Here Are 3 Tech-Heavy ETFs to Buy in 2024.
After a steep sell-off in 2022, the technology sector rocketed higher in 2023 and just reached a fresh intraday record high on January 22. It's easy to see why.
Over the last five years, Apple is up 394% and Microsoft is up 267%. These two companies alone have gotten so big that they both top $3 trillion in market capitalization, making them the two biggest companies in the world.
If you're interested in the tech sector, but don't know which stock to choose, an exchange-traded fund (ETF) may be the best and least expensive way to achieve diversification and exposure to different industries. Here's why the Technology Select Sector SPDR Fund (NYSEMKT: XLK), the Vanguard Growth ETF (NYSEMKT: VUG), and the Vanguard S 500 Index Fund (NYSEMKT: VOO) stand out as three easy ways to invest in tech stocks.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..
