Time to get out of software, says Carter Worth
Carter Worth, Worth Charting founder and CEO, joins 'Fast Money' to discuss the if he expects the rotation from semis to software to continue.
Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?
Designed to provide broad exposure to the Technology - Software segment of the equity market, the iShares Expanded Tech-Software Sector ETF (IGV) is a passively managed exchange traded fund launched on 07/10/2001.
IGV: Not A Bargain P/E, But One Technical Pattern Catches My Attention (Rating Upgrade)
IGV has outperformed SMH recently, driven by better price action and a slightly lower P/E, leading me to upgrade it from a hold to a buy. Despite a high P/E ratio, IGV's long-term EPS growth and PEG ratio just above 2x make it attractive. The ETF's bullish technical pattern, including a potential cup and handle breakout, suggests strong price trends into year-end and next year.
Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?
If you're interested in broad exposure to the Technology - Software segment of the equity market, look no further than the iShares Expanded Tech-Software Sector ETF (IGV), a passively managed exchange traded fund launched on 07/10/2001.
IGV: Software Stocks Appear Unattractive, Consider Alternatives
Software industry underperforming due to slowing growth trend and macroeconomic challenges. The iShares Expanded Tech-Software Sector ETF is expected to underperform because software companies' declining revenue and earnings trend is likely to continue. Consider avoiding IGV and explore other options like IGM, SCHG and QQQM for better returns in the current bull run.
IGV: Attractive Valuation And Good Growth Visibility
IGV has underperformed the broader technology sector, but has attractive earnings growth rates and valuation. Consensus forecasts show mid to high-teens earnings growth for software stocks in IGV's portfolio between 2024 and 2026. IGV's growth potential is lower than the broader technology sector, but its valuation is not expensive compared to historical averages.
Software Sector ETF (IGV) Breaking Out of 4 Month Consolidation
Technology stocks have been market leaders. And over the past couple weeks, the broader tech market has been consolidating gains.
Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?
Launched on 07/10/2001, the iShares Expanded Tech-Software Sector ETF (IGV) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Software segment of the equity market.
