Tag: ETFs

Buffet’s Berkshire Taking Interest in Technology: ETFs to Play

Billionaire investor Warren Buffett is known for his value style of investing and hesitance to invest in the technology sector. The reason could be that tech shares are generally not tagged as value shares.  These are high-growth in nature and valuations are often stretched. However, with changing times, the Oracle of Omaha’s Berkshire Hathaway Inc. BRK-B has also started taking interested in tech shares.

And why not? Technology stocks and ETFs have been the star performers in recent times. Instead of taking the shine out of it, the coronavirus outbreak has added more to the sector. Social distancing norms enacted

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5 Top-Ranked Technology ETFs Worth a Bet Now

Wall Street is mostly seeing a rough stretch, marked by the sharp selloff in technology stocks beginning Sep 3. The market turbulence could have been a result of people rushing to book profits, probably due to worries over high valuations, uncertainty over another pandemic stimulus-relief package, budget negotiations and the approaching elections. Also, September is historically considered the worst month for the stock market. Per LPL Financial data published in a Yahoo Finance article, the S&P 500 has fallen about 1%, on average, in September since 1950.

However, we must not forget that the technology sector has remained relatively strong

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Worried About Big Tech Slump? Buy 6 Undervalued Tech ETFs

Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled people to stay at home, binge on online shopping and work as well as learn from home.

However, after such a steep rally amid the pandemic, big tech stocks are now deemed overvalued by some investors. Amazon AMZN, Netflix NFLX, Alphabet GOOGL and Microsoft MSFT all lost in recent trading sessions.

One reason behind this big tech slump could

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Invest in These Sector ETFs

The coronavirus outbreak is expected to take a stronger beating on second-quarter earnings. This is especially true as S&P 500 earnings are expected to decline 44.1% on 10.9% lower revenues. The earnings projection is down from around 17.5% earnings decline expected in early April.

Earnings growth is expected to be negative for 15 of the 16 Zacks sectors with double-digit declines. The four sectors that are expected to lose money in Q2 (year-over-year declines of 100% or more) are autos (226.1% earnings decline), transportation (151.2%), energy (139.4%), and consumer discretionary (109.1%). Utilities is the only sector with a modest 0.9%

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Top-Ranked ETFs That Crushed the Market in 1H

The first half of 2020 was marked by huge volatility mainly triggered by the COVID-19 outbreak, which had pushed the U.S. stock market into bear territory in late March. However, the stocks staged an impressive comeback from the lows. A booming technology sector, an unprecedented stimulus from the central bank and the government, and hopes of a potential coronavirus vaccine were the biggest catalysts in driving the stocks higher. Additionally, the rounds of data indicate that the economy has been recovering faster than expected from the COVID-19 pandemic.

However, renewed concerns over a second wave of coronavirus disease charged up

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