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home / news releases / AIEQ - AIQ: Portfolio Mismatch Due To Stock Selection Methodology


AIEQ - AIQ: Portfolio Mismatch Due To Stock Selection Methodology

2024-04-01 21:44:43 ET

Summary

  • Global X Artificial Intelligence & Technology ETF focuses on companies that use AI in their products or services, rather than infrastructure buildout.
  • Approximately 25% of the AUM is in the current AI infrastructure stocks such as Nvidia, Broadcom and Samsung.
  • The ETF has a portfolio price target upside potential of 9%, with Chinese companies like Tencent and Alibaba standing out.
  • Valuation is not expensive and below the market at a PEG of 1.4x on 17% EPS growth in the YE24-25 time frame.

Summary

For further details see:

AIQ: Portfolio Mismatch Due To Stock Selection Methodology
Stock Information

Company Name: AI Powered Equity
Stock Symbol: AIEQ
Market: NYSE

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