1 Tech ETF to Load Up On, and 1 to Avoid Right Now
The tech sector has had a roller coaster of a year. The tech-heavy Nasdaq Composite, one of the U.S. stock market's three main indexes, lost 20% of its value from the start of the year through April 8. Since then, it has surged over 37% (as of Aug. 5).
Despite the volatility, the tech sector is still poised to produce great long-term gains. If you're interested in adding tech stocks to your portfolio, I recommend considering a tech-focused exchange-traded fund (ETF). It can allow you to take advantage of the sector's growth potential while limiting the risks that come with investing in individual stocks.
There are plenty of tech ETFs to choose from, but there's one popular option I would load up on, and one popular option I would avoid right now.
Source Fool.com
