M’AI I help you?

Below is an excerpt from an article written by Fiona Nicolson and appeared in etfexpress Newsletter on July 12, 2024:

This week saw Fiona Nicolson talking to Weldon Rice, head of AI ETFs at Qraft Technologies about how AI works with their approach to investing. In the latest rebalancing report for LQAI, the firm’s LG-QRAFT AI-Powered U.S. Large Cap Core ETF, the algorithm showed increased conviction in the IT, communications-services and consumer-discretionary sectors. It highlighted Nvidia, Apple and Advanced Micro Devices (AMD) as its top stock picks.

Rice says: “The IT sector was chosen due to its ability to navigate significant geopolitical and supply-chain challenges while capitalising on burgeoning opportunities in AI technology.”

Source: ETF Express, "M’AI I help you?" newsletter.