Best Stocks & ETFs for Artificial Intelligence

In this episode of ETF Spotlight, I speak with Zacks Senior Stock Strategist, Kevin Cook, about investing in advanced technologies, which are bringing science fiction to our offices, homes, cars, and portfolios.

London-based research company DeepMind, which was acquired by Alphabet parent Google (GOOGL) in 2014, has developed an AI system that can predict the 3D shape of all known proteins with almost perfect accuracy. This is a huge development for life sciences and medicine.

Exponential advancements in AI have changed the nature of computing, making Moore’s law irrelevant. Per WSJ, Huang’s law named for NVIDIA’s (NVDA) CEO, is in full effect now. We talk about NVIDIA and the rise of GPU computing.

Advanced Micro Devices (AMD) is surging to all-time highs after reporting as the chip maker continues to take market share from Intel. Cadence Design Systems (CDNS) produces software that designs and builds semiconductors.

The Invesco QQQ (QQQ) and NASDAQ 100 ETF (QQQM), QQQ’s cheaper version, are the best ETFs to get exposure to many highly innovative companies working on advanced technologies.

The iShares Robotics And Artificial Intelligence Multisector ETF (IRBO), ARK Autonomous Technology & Robotics ETF (ARKQ), ROBO Global Artificial Intelligence ETF (THNQ), Global X Artificial Intelligence & Technology ETF (AIQ) are also worth a look.

Tune in to the podcast to learn more.

Make sure to be on the lookout for the next edition of the ETF Spotlight and remember to subscribe! If you have any comments or questions, please email podcast@zacks.com.

(In full disclosure, Neena owns shares of IRBO in the ETF Investor Portfolio.)

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.