|Bid||44.66 x 2200|
|Ask||0.00 x 800|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||47.33%|
|Beta (3Y Monthly)||1.16|
|Expense Ratio (net)||0.42%|
While many corners of the equity world witnessed a solid run, a few sector ETFs performed incredibly well, thereby comfortably crushing the broader markets.
This article is a part of InvestorPlace's Best ETFs for 2019 contest. Tom Taulli's pick for the contest is the Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ).It's time for another update for the InvestorPlace Best ETFs contest. My pick, the Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ), has performed reasonably well for the year so far with a year-to-date return of 19%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnfortunately, it ranks No. 4 among the others. The top performer is the iShares U.S. Home Construction ETF (BATS:ITB), which was the choice for Vince Martin. He made a very shrewd call that the sector was way oversold.Regardless, I'm still bullish on BOTZ. Hey, for the years to come, I think it has the potential for being among the best ETFs.There are several reasons for this. First of all, AI represents a truly transformational technology that has wide appeal. We've already seen how companies like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) have leveraged it for their own platforms. AI offers benefits of lower costs, better predictions and accurate insights.Here are some data points to consider: * PWC projects that AI will add a whopping $15.7 trillion in value to the global economy by 2030 * IDC projects that spending on the technology will go from $24 billion in 2018 to $77.6 billion by 2022 * For other categories related to AI like robots and drones, which are included in the BOTZ ETF, IDC expects that spending on these categories will jump from $115.7 billion to $210.3 billion AI and the Best ETFsSo what were some of the developments in the latest quarter for BOTZ? Let's take a look at a few: * 10 Cloud Stocks to Invest in the Future * Nvidia (NASDAQ:NVDA): This is one of the premier AI companies. The company's core technology -- GPUs or Graphics Processing Units -- have proven to be ideal for the technology, in terms of the high speed, efficiency and parallel processing. While NVDA has had its challenges, such as with the U.S.-China trade war and the competition from operators like Advanced Micro Devices (NASDAQ:AMD), the company has been able to get things back on track. This was evident in its latest earnings report, in which the company beat expectations on both the top and bottom lines. NVDA also should get a boost from its expected acquisition of Mellanox Technologies (NASDAQ:MLNX). Oh, and yes, the company continues to push the boundaries of innovation, such as with its autonomous driving car segment. * Brooks Automation (NASDAQ:BRKS): For the year so far, the shares are up about 45%. The company's automation systems for semiconductors are seeing much uptake because of megatrends like IoT (Internet-of-Things), 5G and yes, AI. The company has also focused on the valuable life sciences market, which should help with long-term growth. According to the CEO, Steve Schwartz, in the earnings press release: "We believe each of our businesses hold great advantages and are positioned nicely in strong markets with additional opportunity as we go into the final quarter of our 2019 fiscal year." * iRobot (NASDAQ:IRBT): This stock is one of the reasons that BOTZ is not the one of the best ETFs! The performance for the company has been absolutely awful. During the last quarter, IRBT stock has lost about 36% of its value. Then again, in July, the company issued a disappointing earnings report that showed a deceleration on the top line. The problem? It really comes down to the situation in China. Keep in mind that a hefty amount of sales come from the country.Tom Taulli is the author of the book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cloud Stocks to Invest in the Future * 7 Next-Gen Growth Stocks to Buy for Long-Term Gains * 7 Cheap Stocks That Ought to Consider a Sale The post Best ETFs for 2019: The Global X Robotics and AI ETF Is Holding Strong appeared first on InvestorPlace.
The stock market bulls have been marching ahead this year on trade optimism and cheap money flows. We have highlighted the best and worst zones so far this year.
Rising new home sales adds to the bank of positive data for the housing market. We highlight some homebuilders ETFs poised to gain from the situation.
While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home.
The year 2019 so far has been kind to the U.S. stock market, despite a myriad of woes such as lingering trade woes, recession fears, geopolitical tension and Brexit issues.
While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home. As a whole, mortgage holders saw their home equity increase by 4.8% annually at the end of the second quarter.
This article is a part of InvestorPlace's Best ETFs for 2019 contest. Robert Waldo's pick for the contest is the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR).We're coming toward the end of InvestorPlace's best ETFs for 2019 contest and my pick, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR), remains at the top of the pack, only slightly behind Vince Martin's pick, iShares U.S. Home Construction ETF (BATS:ITB), in terms of year-to-date performance (SRVR is up 40% YTD; ITB is up 42% YTD).InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough I don't think investors should expect the 5G exchange-traded fund to climb significantly higher by the end of the year, I do believe it can win the contest, and possibly gain a few more percentage points along the way. Since my last update in July, the ETF has climbed 13%, maintaining its No. 2 ranking among the best ETFs. What to Expect From SRVR at the End of 2019At the start of the year, I mentioned the yield curve inverting and the trade war between the U.S. and China as reasons for investors to have concern. But, broadly speaking, it hasn't necessarily been all doom and gloom for stocks in 2019.In fact, as InvestorPlace contributor Luke Lango points out in his recent article on high-performing S&P 500 stocks:"Through the first half of the year, the S&P 500 was on track for its best year in over two decades. To be sure, gains have been muted in the third quarter despite major indices flirting with all-time highs. But with the S&P 500 up 20% year-to-date, stocks are still having one of their best years this century."True as this may be, I still maintain my long-term case for SRVR, as its holdings present unique opportunities -- a combination of dividend-boosted stability and continual growth potential -- in a questionable time, where the trade war has no clear end in sight. * 8 Dividend Stocks to Buy for a Recession Even if you share the optimism of investors like Luke Lango, SRVR is one of the best ETFs you could buy this year. Because regardless of trade war concerns or a recession, the holdings in this real estate investment trust (REIT) ETF mainly focus on infrastructure that's essential to the daily operations of our technologically connected world.And much of this infrastructure is based in the U.S., dodging the influence of trade war peril.Consider top holding Crown Castle (NYSE:CCI) as example of this dual strength. According to Yahoo Fiance's description for CCI: "Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 75,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market." This is a U.S.-based holding that will be at the forefront of the inevitable 5G future, which will be the catalyst for countless other technological advancements. And SRVR is packed with holdings with similar attributes to CCI.Ultimately, SRVR should remain a strong contender among the best ETFs this year. And it will likely be one of the best ETFs to buy for years to come, as the 5G catalyst, which many of its holdings stand to benefit from, is only getting heated up.The SRVR ETF has an expense ratio of 0.6%, or $60 annually per $10,000 invested.Robert Waldo is an assistant editor at InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Triple-'F' Rated Stocks to Leave on the Shelf * 10 Excellent Stocks to Watch for 2020 and Beyond * 7 Consumer Stocks to Buy in an Uncertain Market The post Best ETFs for 2019: The Pacer Data & Infrastructure Real Estate ETF Rules appeared first on InvestorPlace.
The U.S. housing market has been on a tear this year primarily attributable to a decline in mortgage rates, slower home price growth and a slew of upbeat data.
Permits to build new homes rose 8% to a seasonally-adjusted annual pace of 1.42 million, the fastest pace since 2007.
Last year, rising interest rates and low affordability put a thorn in the side of homebuilders and the real estate sector in general. This is lowering mortgage rates and enticing prospective buyers to reconsider a real estate purchase. “Unfortunately, much of the lower interest rate environment can be attributed to global economic uncertainties, which appear to have dampened consumer sentiment regarding the direction of the economy,” said Doug Duncan, chief economist at Fannie Mae.
August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.
More investors are turning to gold as global tensions escalate further, causing more market uncertainty. Dave Nadig, Managing Director at ETF.com, joins Akiko Fujita on The Ticker to discuss some of the best ETFs to invest in to ride out 2019.