Buy 2 Vanguard Index Funds to Beat the S&P 500 in the Next Year, According to Wall Street Analysts
Wall Street expects the communication services and technology sectors to beat the S&P 500 over the next year.
Overview
Wall Street's median forecast puts the S&P 500 (SNPINDEX: ^GSPC) at 8,988 by July 2027. That implies 20% upside from its current level of 7,518. The driving force will be particularly large gains in the communication services and technology sectors, which are projected to increase 25% and 27%, respectively, over the same period, according to FactSet Research.
Put differently, most Wall Street analysts think investors can beat the S&P 500 during the next year if they buy index funds that track those market sectors. Two good options are the Vanguard Communication Services ETF (NYSEMKT: VOX) and Vanguard Information Technology ETF (NYSEMKT: VGT).
Details
Here are the important details.
Source
Originally published at www.fool.com.