2 ETFs That Are Screaming Buys in September After the Nvidia Led Technology Stock Selloff
Technology stocks have recently come under pressure following a strong start to the year, hurt by the pullback in shares of Nvidia. The chip giant has helped lead the market charge higher in the past few years, as its chips have become the backbone of the artificial intelligence (AI) infrastructure buildout.
With investors now taking some profits in both Nvidia and the tech sector as a whole, this is a great time to buy some tech-heavy exchange-traded funds (ETFs). Let's look at two great options.
The first great ETF option to consider is the Invesco QQQ ETF (NASDAQ: QQQ). The ETF looks to mimic the performance of the tech-heavy Nasdaq-100 index, which comprises the 100 largest stocks that trade on the Nasdaq Stock Exchange.
Source Fool.com
Invesco Ltd. Stock
€14.46
1.380%
Our community is currently high on Invesco Ltd. with 5 Buy predictions and 3 Sell predictions.
With a target price of 18 € there is a positive potential of 24.5% for Invesco Ltd. compared to the current price of 14.46 €.
