Once again, technology stocks are grabbing the financial headlines. They have powered most of the gains in the S&P 500 in 2023.
In fact, Apple and Microsoft alone now account for a record 13.5% of the index—the most ever for the top two stocks.
While it’s tempting to buy big tech right now, the safer investing route—and the one I prefer is sticking with—is consumer staples companies that have strong brands.
This post originally appeared at Investors Alley.