AI is Taking Over The World and IRBO ETF is my Pick for AI Stocks
πππArtificial Intelligence is taking the world by storm and my tactical bet on AI is $iShares Robotics and Artificial Intelligence ETF(IRBO)$ . In just 1 trade, I gain instant access to 118 of the world's strongest companies in this arena.
The Top 10 holdings include $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ Micro Vision and many others. The fund manager is Blackrock under their iShares brand. The market capitalisation is USD 395.38 million. Expense ratio is 0.47%.
What I like about IRBO is that it is equally weighted and the Top 10 holdings constitute 14% of the holdings. Even though US companies form 53% of the total weightage, IRBO also includes Japan at 10%, Hong Kong at 9% followed by Taiwan at 8% and other countries too.
The dividend yield is 0.65% but the growth potential is huge.
IRBO is up 15% in just 1 month, but year to date it is up 30%. It also offers me diversification and minimises my risk on single stocks too.
Best of all it gives me the maximum bang for my bucks. $iShares Robotics and Artificial Intelligence ETF(IRBO)$ is my tactical bet on the future of AI. AI is here to stay and the future is bright with endless possibilities!
@Daily_Discussion @MillionaireTiger @TigerStars @CaptainTiger
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The giant tech companies are doing great, keep holding NVDA
I really doubt META. Howβs their metaverse project going?
Any other AI related companies?