IYW - IYW: A Reliable Long-Term Investment
2024-04-04 07:18:14 ET
Summary
- The technology sector outperformed the S&P 500 in 2023 and is expected to continue outperforming in 2024.
- The iShares U.S. Technology ETF is well-positioned and has produced solid returns compared to the S&P 500.
- IYW has a diversified portfolio with a large allocation to top-performing stocks, giving it an advantage over other technology ETFs.
Investment Thesis
The technology sector outperformed the S&P 500 in 2023 by a large margin. Although in the first quarter of 2024 the technology sector has performed on par with the S&P 500, I believe that Technology will outperform the S&P 500 index over the whole year....
IYW: A Reliable Long-Term Investment