Nvidia and Palantir Could Help This Unstoppable ETF Turn $1,000 Per Month Into $1 Million Over the Long Term
The Motley Fool
The article discusses the strong performance of the iShares Expanded Tech Sector ETF, particularly highlighting its exposure to major AI companies like Nvidia and Palantir. These companies have significantly outperformed the broader market in recent years.
A significant point is the ETF's ability to beat the S&P 500 consistently since its inception in 2001. The article projects that by investing $1,000 monthly, an investor could potentially accumulate $1 million in the long term through this ETF.
The ETF offers diversification by including not just pure AI firms but also tech-adjacent companies, such as Meta Platforms and Netflix. This ensures a balanced portfolio, spreading risk across different tech-related sectors.