After years of focusing on the wild growth that tech stocks have been delivering, there is a growing movement as investors change course. There is no question that tech has seemingly delivered endless growth, but concerns about overvaluation are prompting investors to look elsewhere.
In tech’s place, energy and industrial stocks are continuing to grow in popularity, as they feel like a new defensive core for investors who value consistent income and tried-and-true business models.
This post originally appeared at 24/7 Wall St.