Most individual AI stocks are trading at a very high premium valuation.
I rate Global X Artificial Intelligence & Technology ETF a buy due to its strong performance, high liquidity, and diverse holdings compared to peers. AIQ's high liquidity, lower expense ratio, and diversified holdings across multiple sectors make it a superior investment choice over LRNZ and THNQ. AIQ has demonstrated solid performance, gaining 45.79% over three years, and is supported by bullish technical indicators and growing AI adoption.
For investors seeking momentum, Global X Artificial Intelligence & Technology ETF AIQ is probably on the radar. The fund just hit a 52-week high and is up 32.32% from its 52-week low price of $30.85/share.
ETFs that help investors minimize the heft of Big Tech stocks, or altogether avoid seven closely watched megacap companies, have outperformed in the past month.
The exchange traded fund (ETF) industry could see significant changes in 2025 as global capital continues to flow into these investment vehicles, driven by a number of key factors.
It's no secret that artificial intelligence, or AI, is the key trend driving the stock market right now, especially when it comes to some of the largest and most popular companies to invest in. But choosing individual AI stocks can be challenging.
Here, we discuss some of the top events of 2024 that are likely to remain hot in 2025.
2024 was an amazing year for investment performance, with the broad market S&P 500 TR Index up over 28%. There were also some serious ETF milestones achieved this year.
For investors seeking momentum, Global X Artificial Intelligence & Technology ETF AIQ is probably on the radar. The fund just hit a 52-week high and is up 36.17% from its 52-week low price of $29.36/share.
AIQ is a diversified ETF investing in companies developing or utilizing AI, with no holding exceeding 4% of the portfolio. Despite a high expense ratio of 68 basis points, AIQ has strong liquidity and a substantial $2.5B in assets under management. The fund has shown a strong uptrend since August, but momentum indicators suggest caution; a break below the 50-day SMA would be concerning.
“The shape of the U.S. equity market has undergone a massive change over just the last few years,” says BlackRock's Rachel Aguirre.
I have a buy rating on AIQ due to its solid valuation, robust momentum, and diversified portfolio, despite mixed technical signals and near-term seasonal risks. AIQ's allocation approach ensures no single stock grows too large in the fund, providing geographic diversification. AIQ's 22x P/E ratio is justified by a high long-term EPS growth rate of 14.7%, resulting in a favorable PEG ratio of 1.5x.