2 Specialized Technology ETFs to Put on Your Radar Right Now
There are some "standard" technology exchange-traded funds (ETFs) that many investors have in their portfolios. The Invesco QQQ Trust (NASDAQ: QQQ) is the standard Nasdaq-100 ETF, for example, and there are several information technology and tech-focused ETFs with billions and billions of dollars under management.
However, if you want to invest in a specific type of technology stock or don't necessarily want to limit your exposure to only tech-sector innovative companies, here are two outside-the-box ETFs you might want to take a closer look at.
Semiconductor manufacturers, also known as chipmakers, are a hot area of the market for investors, and with the rapid rise of Nvidia (NASDAQ: NVDA), this shouldn't be much of a surprise. As artificial intelligence (AI) technology, cloud computing, consumer electronics, and other applications evolve rapidly in the coming years, there should be no shortage of demand for innovative chip designs.
Source Fool.com
Invesco Ltd. Stock
Our community is currently high on Invesco Ltd. with 5 Buy predictions and 3 Sell predictions.
With a target price of 18 € there is a slightly positive potential of 17.25% for Invesco Ltd. compared to the current price of 15.35 €.