Alphabet, Meta Platforms, and Netflix Helped Propel This Vanguard ETF 9% Higher in 8 Days. Here's Why It's Still a Buy Now.
A better grasp of the current tariff situation and a generally strong earnings season have helped the market rally in recent weeks, with the major indexes all recovering significantly from losses earlier this year.Many of the exchange-traded funds (ETFs) that follow these indexes have recovered as well. The Vanguard Communications ETF (NYSEMKT: VOX) soared 9.3% in just eight trading days, from market close on April 21 to May 1.Top holdings in the ETF, including Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Netflix (NASDAQ: NFLX), all reported strong earnings to help lead the ETF higher. Here's why it's not too late to buy the ETF even after its recent run-up.Continue reading
A better grasp of the current tariff situation and a generally strong earnings season have helped the market rally in recent weeks, with the major indexes all recovering significantly from losses earlier this year.
Many of the exchange-traded funds (ETFs) that follow these indexes have recovered as well. The Vanguard Communications ETF (NYSEMKT: VOX) soared 9.3% in just eight trading days, from market close on April 21 to May 1.
Top holdings in the ETF, including Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Netflix (NASDAQ: NFLX), all reported strong earnings to help lead the ETF higher. Here's why it's not too late to buy the ETF even after its recent run-up.
