Buy Now: Strategist Sees 15-18% Upside in S&P 500

According to Carson Group's Chief Market Strategist Ryan Detrick, investors should consider buying technology, financials, and industrials sectors due to their potential for growth.

Detrick notes that tech remains a primary overweight holding, driven by an expected $1 trillion in capital expenditures from major hyperscalers by 2027. He highlights the immense circular spending ecosystem within the sector, where companies like Alphabet Inc. (NASDAQ:GOOG) and Amazon.com Inc. (NASDAQ:AMZN) are reaping huge profits from investments in private ventures.

Detrick advises diversifying tech holdings by investing in semiconductor ETFs such as the VanEck Semiconductor ETF (NASDAQ:SMH), citing massive returns even when the 'Mag 7' momentarily stalled. He emphasizes that if the market were to purely lose tech leadership, it would be challenging to remain bullish.