John Hood
First Trust ISE Cloud Comput.
SKYY-Q
COMMENT
Oct 31, 2014
He normally doesn't follow the Cloud ETF's. Valuations on these are generally through the roof, so he doesn't like to buy stuff like that. If someone wants to be in a niche market and is familiar with the Cloud and how it works, by all means buy some, but just remember the risks involved.
(A Top Pick March 5/14. Up 0.90%.) This is all about the Cloud. It gives you access to computer services on demand. It has better storage and is a lot cheaper. Has probably been hurt over the last week or so. A little disappointed in its rate of return.
He normally doesn't follow the Cloud ETF's. Valuations on these are generally through the roof, so he doesn't like to buy stuff like that. If someone wants to be in a niche market and is familiar with the Cloud and how it works, by all means buy some, but just remember the risks involved.