Cathie Wood and her analysts break down top stocks in ARK space ETF

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Cathie Wood and her analysts break down the multi-billion-dollar space opportunity — and explain why an infrastructure stock and ARK's 3D Printing ETF are among the top holdings in their Space Exploration and Innovation ETF

It is no wonder that some investors are scratching their heads as to how these stocks made their way into a fund that invests in space technology. Even Ark analysts themselves admit to having"gotten lots of questions about specific holdings" in the fund.

Based on Ark's research, orbital aerospace alone could generate $370 billion in annual revenue in the coming decade from almost nothing today, Korus said. "You can imagine going from New York to Japan in two to three hours, how profound a change this will be for the global economy," he said. He explains that there are still 42 million Americans without access to broadband, by accounting for an average monthly bill of $50, and that comes out to a $10 billion annual addressable market just in the US. Globally, there are 3 billion people without access to broadband, even if the monthly bill is just $5, that comes out to a $40 billion annual addressable market.

One of the mundane but exciting companies is Trimble, which has four business segments including buildings and infrastructure, geospatial, resources and utilities, and transportation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let's find Low-Stock-Price and High-Confidence-Stocks of Cathie Wood's ARK Invest

One new company added to 6 ETFs, And shares added to many existing positions like SKILLZ (5M shares), Netflix, Coinbase among others

Holding $ARKX now but it's performance is not very good as hasn't been, $ARKK , $ARKG, or $ARKF. So I am hoping for a reversal in performance, but its not looking that way so far.

good luck

Australia Australia Latest News, Australia Australia Headlines