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From a quick google ARK seems to be an "innovation ETF". Does that mean stay away from tech?
by ZephyrBlu 6y ago
From a quick google ARK seems to be an "innovation ETF".
Does that mean stay away from tech?
- kgin 6y agoFor the most part, but especially early-stage negative p/e stocks. Surprisingly, the FAANG stocks aren't nearly as stretched as the rest of tech. AMZN is pretty close to in-line with its historical levels.
- 015a 6y agoIts worth looking into what ARK (specifically, ARKK, the main one), actually holds. Its not really "tech"; its more "tech which is expected to explode". Its far riskier than just your Big Tech AMZN/GOOG/AAPL/etc. 1. Tesla (~9%) 2. Roku (~7%) 3. Teladoc Health Inc (~5%) 4. Square (~5%) 5. Zillow (~3%) 6. etc