Invesco Aktie

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WKN DE: A0M6U7 / ISIN: BMG491BT1088

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20.08.2024 02:05:00

2 Reasons the Invesco QQQ ETF Sell-Off Is Good for AI-Focused Investors

Artificial intelligence has dominated the stock market since early last year. The Invesco QQQ Trust ETF (NASDAQ: QQQ), a popular technology-leaning exchange-traded fund (ETF), has been arguably one of the best stocks for AI-focused investors. The ETF tracks an index of 100 prominent companies trading on the Nasdaq, offering investors instant diversification.In other words, you don't have to pick specific AI stocks; buy the Invesco QQQ instead and wait for the winners to rise to the top. The ETF has outperformed the broader market for years.However, technology stocks felt a recent jolt; a burst of market volatility created one of the sharpest sell-offs in recent memory. While the market has rebounded somewhat since then, there could easily be more turbulence ahead as the election approaches and recession worries cloud the horizon. It's a departure from the relatively smooth ride investors have enjoyed.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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