Why the Vanguard Information Technology ETF Is One of the Best Ways to Invest in Artificial Intelligence (AI)
If you are looking to invest in technology stocks, and in particular some of the tech companies most set to benefit from artificial intelligence (AI), the Vanguard Information Technology ETF (NYSEMKT: VGT) is a strong option to consider.
The exchange-traded fund (ETF) tracks the MSCI U.S. Investable Market Information Technology 25/50 Index, which includes companies involved in cloud computing, semiconductors, data centers, and communication equipment such as smartphones and computers, among other areas.
The Information Technology ETF has a strong track record with an average annual return of 20.3% over the past decade, as of the end of May. That equates to a cumulative return of nearly 535% during that stretch. As such, a $10,000 investment made 10 years ago would now be worth nearly $63,500.
Source Fool.com
MSCI Inc. A Stock
With 23 Buy predictions and 3 Sell predictions MSCI Inc. A is one of the favorites of our community.
With a target price of 555 € there is a positive potential of 21.52% for MSCI Inc. A compared to the current price of 456.7 €.
