The Internet of Things (IoT) is a monster mega trend because it spans everything from self-driving cars and robotics to Big Data and artificial intelligence to 3-D printing and additive manufacturing. And it’s already generating phenomenal stock market winners like Nvidia Corp. (NYSE: NVDA), which my colleague Joe Hargett spotlighted for you last week. Now, getting into high-flying stocks like NVDA that are up 100%-plus might feel too risky for some of you. However, that doesn’t mean it’s too late to get in on the IoT rocket ship. There is an exchange-traded fund (ETF) that gives you exposure to the heart and soul of the IoT mega trend.
This ETF is the VanEck Vectors Semiconductor ETF (NYSE Arca: SMH). It’s one that I’ve been recommending to you since June 2016, and it’s up 26% since then. Over the last year this ETF is up 56% because it has all the major chip companies that benefit in a big way from the IoT mega trend.
Editor, Profits Unlimited