MGK - Mega Caps Have Tanked - A Perfect Time To Buy Vanguard's MGK ETF
- The market correction has shaved 7.6% off the Nasdaq 100 over the past month. The drop was led by weakness in the mega-cap technology growth stocks that dominate the major indexes.
- The market sell-off is being rationalized by fear of inflation and higher interest rates.
- However, I will explain why higher rates will likely not change the growth trajectories of the mega-cap technology stocks going forward.
- As a result, now is an excellent time for investors to consider the cost-efficient Vanguard Mega-Cap Growth ETF.
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Mega Caps Have Tanked - A Perfect Time To Buy Vanguard's MGK ETF