Single-stock ETFs tap into the market’s ‘gambling mindset,’ expert says. What investors need to know
Publishing timestamp: 2023-12-20 08:00:01
Summary
3) The article discusses the success and growth of single-stock ETFs, particularly those that track popular tech stocks. It mentions that while some single-stock ETFs have performed well, others have closed down. The article also highlights the use of leverage in these ETFs and the potential risks involved. It concludes by mentioning that AI is a hot area for future single-stock ETFs.
Sentiment: NEUTRAL
Tickers: GOOGL, NVDA, AMZN, BABA, PFE, COIN, MSFT, AAPL, .NDX, .IXIC, TSLA, META,
Keywords: exchange-traded funds, tesla inc, pfizer inc, apple inc, meta platforms inc, nasdaq 100 index, nasdaq composite, alphabet inc, business news, investment strategy, coinbase global inc, mutual funds, breaking news: investing, nvidia corp, alibaba group holding ltd, stock markets, microsoft corp, amazon.com inc,
Source: https://www.cnbc.com/2023/12/20/what-investors-need-to-know-about-single-stock-etfs.html