Is It Really “Safe” to Invest in Tech ETFs Right Now? Here’s What History Suggests.
The biggest question on many investors’ minds right now is: Are tech stocks overpriced, due for a sell-off, or poised for further growth? The tech-heavy Nasdaq-100 index has gained about 109% in the past five years, powered by enthusiasm for the artificial intelligence (AI) boom.
But tech stocks can be risky and volatile. The Nasdaq-100 can deliver both big declines and big gains. And right now, many investors have some healthy skepticism about AI stocks. Will AI really deliver the hoped-for gains in economic growth and productivity — and if so, which companies will profit most?
If you’re optimistic about the future of AI and want to keep buying tech stocks, tech exchange-traded funds (ETFs) like the Invesco Nasdaq 100 ETF (NASDAQ: QQQM) can be an easy way to invest in the sector.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.