Larry Berman CFA, CMT, CTA
Bluestar Israel Technology ETF
ITEQ-US
BUY ON WEAKNESS
Mar 19, 2018
He thinks this sector is the best in the world. Many of Intel’s chip breakthroughs happened here. Cybersecurity is an area of growth for the next 30 years he thinks. This ETF puts together the best companies in this sector. This is one of his long term recommendations and thinks it is a buy on weakness holding.
2/3rds of the stocks are Israeli stocks. Israel is the original hub of the chip. He loves the play as a long term theme. During periods of weakness it is something you accumulate. He is looking to add it to growth portfolios over the next few years.
Some of the best technology and cyber security companies in the world. This is a great ETF to play it. Wait for another market swing down. Don’t over concentrate in this.
Recommended this a few years ago as his favoured tech play. 5-10 years, there will be relative outperformance. In the near term, tech is out of favour. Thinks it will dip even further. Would wait for a pullback before putting new money in.
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He thinks this sector is the best in the world. Many of Intel’s chip breakthroughs happened here. Cybersecurity is an area of growth for the next 30 years he thinks. This ETF puts together the best companies in this sector. This is one of his long term recommendations and thinks it is a buy on weakness holding.