SKYY - SKYY: Back Down To Earth We Come Unlikely To Buck Tech Weakness

2024-07-18 23:21:24 ET

Summary

• The cloud computing industry saw a dip in late 2021 to early 2023, but stocks and ETFs recovered well. But now, the risk is too high for me.
• SKYY ETF invests in companies involved in cloud computing, including top players like Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
• Cloud computing offers benefits like cost savings, scalability, and remote access, but also presents security challenges and internet dependency.

Sometimes I look at an ETF and am forced to think about in 2 very different ways:

1. Do I like the industry, its long-term potential, and the way the ETF is constructed to tap into that over time?...

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