The top five holdings in this high-tech ETF are: Intuitive Surgical Inc (ISRG, 8.74% of assets); ABB Ltd (ABBN, 7.61%); Keyence Corp (6861, 7.60%); Mitsubishi Electric Corp (6503, 7.54%); and Fanuc Corp (6954, 6.67%).
Global X Robotics & Artificial Intelligence ETF (BOTZ)
From Positive Patterns
Global X Robotics & Artificial Intelligence ETF (BOTZ) is a big opportunity for you. Look how the world has changed in the last 20 years and how/much our lifestyles are changing—and changing quite quickly. To me, that spells opportunity, and to my way of thinking, this ETF will be a very good way to ‘play’ this change that is upon us.
This ETF owns the most promising companies in this technology sector. Rather than trying to pin down a winner or two, my suggestion would be to own this ETF. It is risky, but by owning the sector via this ETF helps mitigate the risk.
I think in the next 5-10 years, you could see big wins here. This technology is at the point of being commercially viable. The coming (huge) changes in our lives from artificial intelligence and robotics are creating a revolution right now, and we need a way to play that. I think this is a very sensible way to do it.
Somebody is going to make a lot of money from it. And with this recent sell-off, this is an excellent time to do it. I think BOTZ is a good buy under $22, and around $16-18 is even better.
Bob Howard, Positive Patterns, P.O. Box 310, Turners, MO 65765, 417-887-4486, January 2, 2018