VOOG: Growth Stocks Seem Poised To Maintain Their Uptrend

Komal Sarwar
1.68K Followers

Summary

  • Despite strong share price gains so far in 2023, Vanguard S&P 500 Growth Index Fund ETF Shares have more upside potential due to improving broader market fundamentals.
  • Falling inflation and rising chances of a rate cut in the second half are likely to boost investor confidence in high-beta ETFs like VOOG.
  • Growth stocks have already reached a bottom in 2022, and 2023 is expected to be a recovery year with significant upside potential for high-beta stocks in the second half.

Businessman draws increase arrow graph corporate future growth year 2022 to 2023. Planning,opportunity, challenge and business strategy. New Goals, Plans and Visions for Next Year 2023.

Galeanu Mihai

The double-digit gains in Vanguard S&P 500 Growth Index Fund ETF Shares (NYSEARCA:VOOG) do not appear to be a bear market rally because stocks have already factored in and passed through a period of unfavorable events. Furthermore, it

This article was written by

1.68K Followers
Komal is passionate about finance and the stock market. She enjoys forecasting future market trends using a fundamental and technical approach with a focus on both short- and long-term horizons. She intends to provide unbiased analysis to assist investors in selecting the best investment strategies to stay ahead of the market.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About VOOG ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on VOOG

Related Stocks

SymbolLast Price% Chg
VOOG
--