Our first pick today is a tech fund whose five largest holdings are: Apple Inc (AAPL, 17.47% of assets); Microsoft Corp (MSFT, 11.90%); Facebook Inc A (FB, 7.59%); Alphabet Inc A (GOOGL, 5.98%) and Alphabet Inc C (GOOG, 5.84%). Our second recommendation is a sale of a previous fund idea.
Buy: iShares U.S. Technology (IYW)
From Bob Carlson’s Retirement Watch
We are adding iShares U.S. Technology (IYW) to our Invest with the Winners-Exchange-Traded Fund portfolio. The ETF has positive returns for all recent periods, is third in the rankings and hasn’t closed more than 7% below its recent closing high.
Bob C. Carlson, Bob Carlson’s Retirement Watch, www.retirementwatch.com, April 2017