50% off Premium Yearly

BATS:IGV
This summary was created by AI, based on 5 opinions in the last 12 months.
The iShares North American Tech-Software ETF (IGV-A) has garnered mixed opinions among experts, highlighting both significant potential and caution depending on market conditions. Some experts point out that the ETF has recently exceeded its 200-day moving average, leading them to believe that the software sector still has upward momentum, particularly with a potential price target of $100, contingent on improving sentiment. However, there is recognition of a tough past year with the ETF suffering substantial losses, presenting an opportunity for value accumulation within the software sector. Additionally, experts note that the sector has been oversold, suggesting a rebound may be on the horizon despite uncertainties surrounding forthcoming earnings reports. Overall, the ETF exhibits a compelling long-term value proposition, particularly if the anticipated disruptions from AI materialize over the next few years, making it an attractive entry point for investors willing to navigate the volatile landscape.
Video game companies? When video game companies found the advantage to after sales revenues, he got interested. Gaming is a growth industry now. Now that membership revenues have been introduced, it has made earnings less predictable. This is a structural change in the industry, which will create some investor anxiety. He would prefer IGV -A as an ETF basket of gaming companies for now.
An older ETF. It’s software, high growth, high margin business. Tremendous run this year up 25-30% YTD. Not wise after this move to be going in so specifically. If you want tech in the US you should look at ETF not so specific to software, an equally weighted tech ETF would be an interesting thing to look at such as RYT that Invesco has in the US. He tends to avoid IGV. Nothing wrong with this, but it’s a bit late. Not enough unknowns in these companies that will cause them to outperform going forward. You might want to buy a stock specifically rather than a group of others stocks that are pretty mature companies.
A tech ETF for an RRSP? There are three. SOXX for semi-conductors, the ammunition which drives tech around the world. IGV is a great way to get diversification in software. FDN is the internet index is extremely liquid and massive. These ETFs cover the three pillars that drive tech today. He uses these ETFs to offset volatility. When an ETF approach 5-7% of his price target, he sells a third off. Holding single stocks isn't as nimble. For example, he sold a lot of these ETFs in early-spring, then bought them back in the May swoon.