Larry Berman CFA, CMT, CTA
iShares Global Tech
IXN-N
BUY ON WEAKNESS
Aug 07, 2020
Looking at where the exposure is at, 80% is in the US. There are some in China and there isn't more than 10 names that are in Europe. You want to buy the dips.
(Could not find symbol in Globe Investor. Bill.) IShares Global Technology. Technology in general has the best long-term growth prospects at 13% per annum growth. Attractive on valuations and has been getting excellent earnings. Lots of cash to take advantage of smaller opportunities.
This is good news - bad news. The caveat is, do you really need it in US$’s? If you do, then that is fine. He likes that it is global, but he doesn’t like individual sectors, and doesn’t believe in investing in a sector basis. If you are bullish on technology, then this is fine.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.