With the S&P 500 Nearing 7,000, Is VOO Still Worth Buying? What’s Everyone’s Reason for Rotating?

I recently took some profits on my TVTX holdings. As I’m considering my next move, I read a 2026 market outlook that really resonated with me, especially the part about the “tug of war between earnings and valuations” While corporate earnings are expected to grow 15% by 2026, the high P/E ratio of 28 could be at risk of contracting. If valuations revert, the overall market gain for the year might end up being only around 5%. Given that tech stocks now make up almost 50% of the index, VOO itself is basically half an “AI fund. With this expectation of “slower growth,” I’m thinking of adjusting my approach a bit. I don’t want to sell all my individual stocks, but I am planning to move some of my profits into VOO. I’ve noticed a lot of people talking about “rotating into VOO” lately. What are your real reasons for doing so? Is it mainly fear of volatility in individual stocks at these highs, or are you also less optimistic about getting outsized returns going forward?