17.12.2024 10:52:00

Nvidia, Meta Platforms, and Apple Could Help This Unstoppable ETF turn $500 Per Month Into $1 Million

The artificial intelligence (AI) industry is still in its infancy, but investors already witnessed its incredible potential to create value. Since the start of 2023, Nvidia's (NASDAQ: NVDA) market capitalization has grown from $360 billion to $3.3 trillion, almost entirely because of soaring sales of its AI data center chips.But the industry is evolving fast, so picking the long-term winners and losers won't be easy. That's why buying an exchange-traded fund (ETF) that holds several different AI stocks could be the best strategy for investors. It can offer exposure to the value created by AI in a diversified manner, which can insulate investors from severe losses if some companies fail.The iShares Expanded Tech Sector ETF (NYSEMKT: IGM) holds practically every top AI stock (including Nvidia), so here's why it might be one of the best choices for investors of all experience levels.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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15.11.24 Apple Hold Jefferies & Company Inc.
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Apple Inc. 241,15 1,15% Apple Inc.
Meta Platforms (ex Facebook) 589,90 -1,42% Meta Platforms (ex Facebook)
NVIDIA Corp. 123,74 -1,31% NVIDIA Corp.