Is VOO Near an All-Time High a Better Buy Than Lululemon Stock Trading Under $105 Per Share?
Value investors might lean toward the apparel stock, but that's a risky proposition.
Overview
With a tiny expense ratio of 0.03% and total assets of $1.8 trillion, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is arguably the best investment for those who want exposure to the broad U.S. market. Tracking the S&P 500 index, the popular exchange-traded fund (ETF) has generated a total return of 319% over the past decade (as of Sept. 24). And it's currently only 1% off its all-time high, which was established in August.
Is the Vanguard S&P 500 ETF a better buy right now than Lululemon (NASDAQ: LULU) stock, which is trading for under $105 per share? The answer is an emphatic "yes!"
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.