Here are some ways to play the 'stay-at-home' theme using ETFs: Market analysts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Here are some ways to play the 'stay-at-home' theme using ETFs: Market analysts $QQQ $CLOU $BOTZ (via ETFEdgeCNBC)

"Cloud computing [and] robotics ... [are] themes that I think have been driven home as people need more bandwidth to be able to work from home and as companies realize that they need more of an automation and use robotics when they can to improve the supply chain," Rosenbluth said.

"Some of these themes are really going to resonate with investors even more in 2020 than they have in the recent past," he said. "And there's a whole host of these products from First Trust, from ROBO, from other firms that are really in this space for investors that want to dig deeper into how you can play this stay-at-home theme."

Jason Bloom, director of global macro ETF strategy at Invesco, suggested Invesco probably won't be getting as granular as some others in the ETF industry anytime soon. "We do try to be responsive, clearly, to changes in the structure of the market or fundamentals that would suggest that you have an investment theme that makes sense," he said in the same "ETF Edge" interview.

"We're probably a little more conservative in that durability of the theme for us is ... a very high priority," Bloom said. "So, if there's a risk that the theme may only have a year or two or so before it runs its course, it's probably not going to make it through our process, but if we think it has five, 10 years or more of durability then it certainly makes sense to us.

 

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

ETFEdgeCNBC Global X Cloud Computing ETF (CLOU) looks like a good fund. I also like the larger (SKKY). QQQ with a five star rating by MorningstarInc is another quality fund worth owning.

ETFEdgeCNBC Thats me!

ETFEdgeCNBC

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news today: Dow sinks sharply after Trump threatens China with tariffs over coronavirus - CNNUS stocks open lower after President Trump hints that there could be new tariffs imposed on China as a result of the Covid-19 outbreak TL;DR: Trump will be charging Americans more of what they already don’t have enough of, so he can feel important That will probably help mortgage rates again. Well his buddies that were short on the market just got rich off a nothing burger sound byte
Source: cnnbrk - 🏆 393. / 55 Read more »