KYCCF - BOTZ: A Strong Cocktail Of Robotics And AI For The Long Term
- With its exposure to high valuation IT and industrial stocks, BOTZ has suffered from considerable downside from the start of this year.
- Its exposure to NVIDIA has been particularly detrimental in terms of volatility.
- Looking at profitability, its top holdings exhibit good metrics, but valuations are still high in a market where the value strategy prevails.
- Also, the latest developments at Google show that AI is progressing rapidly and robotics combined with intelligent software is likely to play a deeper role in manufacturing.
- Wait for a slight dip before investing.
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BOTZ: A Strong Cocktail Of Robotics And AI For The Long Term