Tech Stocks Dey Cool Down, Investors Dey Look Other Options

My people, make we gist about the US stock market wahala wey dey happen now. E be like say dem tech stocks don dey cool down small, and investors dey look for other ways to shine their eye as dem want invest.

For the past years, na technology stocks like Nvidia, Alphabet and Broadcom wey dey drive market rally, with S&P 500 don rise over 90% since the bull market start. But this year, investors don dey suddenly open their eyes as dem no wan put all their eggs for tech basket again.

Angelo Kourkafas wey be senior global investment strategist talk say, ‘This year fit be the year wey we go see true broadening of leadership.’ No be small talk o! Dem don observe say industrial, healthcare, and small-cap companies don dey outperform S&P 500 since late October.

As tech stocks dey slump, you fit see say investors dey look for alternative places to put their money. Na why Keith Lerner from Truist Advisory talk say, ‘With the questions wey dey rise for tech, investors dey wonder how dem fit invest for other areas.’

Also, di equal-weight version of S&P 500 don rise over 5% since late October while di bigger ones don only manage 1%. Wetin dis one show us? Say small companies and other sectors dey gain ground and fit challenge di tech giants soon.

According to market analysts, 2026 go show strong profits for different sectors. Nanette Abuhoff Jacobson talk say, ‘Strategists don dey predict better earnings for long. This year fit strong pass.’ This one make sense as dem believe say di benefits wey AI dey bring don dey enter different sectors.

For di other side, e get some people wey dey call di ‘Magnificent Seven’ wey include Nvidia, Alphabet and Apple. Dem dey expect earnings growth of about 23.5% for 2026. But if other companies fit catch up with dem, den e go really track dem for market.

E no be small challenge as tech still dey rule plenty as e dey take one-third of S&P 500 weight. Market fit still dey struggle if tech no shine well. We don see say for di past decade, S&P 500 no ever grow at least 10% when tech dey lag behind di other sectors.

Anyway, gisting no fit finish here, as investors dey try balance their portfolio. Jack Janasiewicz wey be portfolio manager talk say, ‘I still believe say tech go still work. You no wan chase am, but you no wan underweight am.’ E be like say dem go start to dey mix value stocks into di game like financials and industrials.

So my people, as we dey watch dis market, make we dey observe how things dey play out. Na only time go tell if dis broadening campaign go last or if di tech giants go still dey lead di race.