GS - IAI: Goldman Sachs Powers ETF To New 52-Week-High; How About The Other Holdings?
2024-07-16 06:18:00 ET
Summary
- Financial firms representing IAI are actually outperforming the S&P 500, over the past year. The ETF is up nearly 32% over the past year.
- Companies within the ETF, such as CME Group and MarketAxess, show potential for growth through new client capture.
- Lower interest rates and increased market volatility are expected to benefit many constituent holdings in IAI. I'm optimistic and offer this ETF a Buy Rating.
Financial firms almost seem to be humming in the background these days. These companies aren't hitting the headlines lately, and all the excitement about the future is in regards to chipmakers (it's not Pringles!) supporting AI and the industries most likely to benefit from solutions driven by artificial intelligence....
IAI: Goldman Sachs Powers ETF To New 52-Week-High; How About The Other Holdings?