Stockchase Opinions

Larry Berman CFA, CMT, CTA Horizons Industry 4 0 Index Etf FOUR-T COMMENT Nov 12, 2018

It's only been trading a few days. Cyber security is going to be one of the most important industries for the next half century. It is a young industry so in an economic downturn, spending here is the first to get cut back.
$24.390

Stock price when the opinion was issued

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SNSR-Q The internet of things means the ability to connect household things like your fridge to the internet. This area will likely grow. You're better off to buy the Canadian version of this ETF, FOUR-T. Nothing wrong with either, but FOUR avoids the forex charge.

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FOUR-T vs. TEC-T. He does not thing the level of assets is particularly challenging because of the implicit liquidity and the size of the markets for these. This is a significantly different approach. The tech world will favour the mega-caps. So TEC-T will probably outperform in the short term. FOUR-T is about the modernization of work. This is advanced robotics, cyber security, 3D printing and the cloud. He thinks in the longer term there should be some excess return that accrues to the things a little bit more targeted, but they will be very similar.

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It is a way to play the innovation space. It is the new wave of tech revolution. The new tech innovation and disruption. The sector is a little expensive and needs to see a market shake out before buying. There is interest rates sensitivity. You will be able to buy it in more cheaply in the future probably.