ARKK - 2 Magnificent Ark Invest ETFs to Buy for the Artificial Intelligence (AI) Boom
2024-04-12 05:29:00 ET
Ark Investment Management operates 14 exchange-traded funds (ETFs) focused on disruptive innovation. Other than its broad-based flagship ETF, each invests in different areas of the technology sector with strong long-term growth potential, including electric vehicles, robotics, cryptocurrencies, and artificial intelligence (AI).
Ark Invest is run by Cathie Wood , who is one of the most bullish voices on Wall Street when it comes to the potential of the technology sector. Under her leadership, Ark Invest issued a forecast that suggests AI could add a whopping $200 trillion to the global economy by 2030.
The Ark Innovation ETF (NYSEMKT: ARKK) and the Ark Autonomous Technology and Robotics ETF (NYSEMKT: ARKQ) hold a number of different stocks that reflect that forecast, and investing in either fund or both might be a great long-term decision.
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2 Magnificent Ark Invest ETFs to Buy for the Artificial Intelligence (AI) Boom