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The “Great Rotation” has seen defensive sectors such as consumer staples outperform technology in the first quarter, pushing shares of top tech stocks lower. Still, history suggests these rotations can be among the best times to buy quality growth companies.
Over the last decade, the iShares S&P 500 Growth ETF has experienced four drawdowns of at least 12% from its previous high, including two declines of more than 24% in 2020 and 2022. Despite that volatility, the Growth ETF has nearly doubled the return of the iShares S&P 500 Value ETF over the past 10 years. The article argues that for investors with at least 10 years until retirement, growth stocks have historically been a favorable choice.
Even with the S&P 500 back at all-time highs, the article highlights continued opportunities in leading tech companies. It points to Nvidia, Microsoft, and Alphabet as tech heavyweights with innovation and the ability to drive strong returns, supported by their role in enabling artificial intelligence (AI) adoption across the economy.
Nvidia is described as being at the center of the AI investment cycle. Based on updated numbers provided at GTC 2026, management estimates cumulative purchase orders for its Blackwell and upcoming Rubin chips will exceed $1 trillion.
Analysts expect Nvidia’s revenue to increase 71% this year, reaching $369 billion. The article also cites a 55% profit margin over the last year, with trailing-12-month net income of $120 billion. It says Nvidia has the resources to continue investing in computing systems for AI data centers, robotics, and self-driving cars.
In addition, the article notes that Nvidia’s chips are increasingly tied to the $110-trillion-plus global economy, where it expects AI use across sectors. It states that the stock trades at about 18 times next year’s earnings, with analysts forecasting 38% annual earnings growth over the next few years.
Alphabet is positioned in the article as a company that can compound shareholder returns by using AI to make its services more useful for billions of people. It says Alphabet has integrated its Gemini model across products, including Google Search, its largest revenue driver, and that early results have been strong.
The article states that Alphabet is delivering double-digit growth in advertising and Google Cloud. It also highlights free cash flow of $73 billion over the last year, describing it as a key attribute of a high-quality growth stock to buy and hold.
The article says the top tech heavyweights, including Microsoft and Google, plan to spend at least $600 billion this year, according to The Motley Fool’s research. It adds that Google is roughly doubling capital spending to about $180 billion.
Rather than viewing this spending as a risk, the article frames it as a competitive advantage: companies able to fund more chips and data centers can deliver better AI services, attract more users, ship improved products, and generate more revenue.
Alphabet stock is described as trading at 25 times next year’s earnings estimate. The article concludes that these tech giants could deliver more growth over the next 20 years than what is currently priced in.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
