Artificial intelligence (AI) has captivated markets and been the key driver of the broader market rally. It wasn’t long ago that Meta Platforms was below $1 trillion in market cap and Nvidia was one of the smaller “Magnificent Seven” stocks. Now Nvidia is worth over $2.2 trillion and makes up nearly 5% of the S&P 500!
But it would be a mistake to credit AI for the entire market rally. You may be surprised to learn that rallies are happening across the broader market.
Here are a few sectors to pay attention to, and what they could mean for your investment portfolio.
This post originally appeared at The Motley Fool.