Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Missed Out on Nvidia? Buy This Outstanding Vanguard ETF Instead.

TheMotleyFool

0 0

Missed Out on Nvidia? Buy This Outstanding Vanguard ETF Instead.: https://g.foolcdn.com/editorial/images/771270/vanguard-etf-vgt-stock-investing-money.jpg

It's hard to find a stock that's performed better than Nvidia over the last five years. Since 2019, its stock has turned in a mind-boggling 79% compound annual growth rate (CAGR). That means that $10,000 invested five years ago would be worth $187,000 today.

Unfortunately, there's no way to go back in time. So, what can investors do today to recreate some of that Nvidia lightning in a bottle? One way -- at least in part -- might be to invest in an exchange-traded fund (ETF) that focuses on the tech sector.

So let's look today at the Vanguard Information Technology ETF (NYSEMKT: VGT).

Source Fool.com

Like: 0

VGT

Share