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The Zacks Analyst Blog Highlights: GAMR, TTTN, ARKW And OGIG

Published 03/06/2020, 07:40 AM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – March 6, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: GAMR, TTTN, ARKW and OGIG.

Here are highlights from Thursday’s Analyst Blog:

Amid Tech Industry, Internet ETFs Most Resilient to Coronavirus

Most sound sectors have succumbed to the coronavirus-induced bloodbath in recent times, Technology being no exception. Technology Select Sector SPDR Fund (XLK) has lost 6.9% in the past month (as of Mar 3, 2020), lower than the 7.4% slump of the S&P 500-based ETF and 8.4% decline of the Dow Jones-based ETF .

However, not all corners of the technology world were equally beaten down. Internet ETFs have shown strength to a large extent. The rapid emergence of cutting-edge technology, including cloud computing, big data, IoT, VR, AI, has been driving the sector. The growing adoption of 5G technology — the next wireless revolution — is opening up further opportunities.

Internet stocks have all the more reason to stay safe as it has less to do with human contact. The coronavirus scare should favor the online retailing industry as any kind of lockdown and self-imposed quarantine should boost demand for online shopping and other kinds of Internet activities. Chinese online retailer JD.com reported 215% year-over-year growth in its online grocery sales during a 10-day period between late January and early February.

Given this, investors might want to tap the space with the best-performing technology ETFs in the virus-infected past month. For them, we have highlighted some of the technology ETFs that have lost lesser than the broad tech fund XLK in the past month (as of Mar 3, 2020).

ETFMG Video Game Tech ETF — Down 0.15%

Though coronavirus is causing supply disruptions in the video game industry, demand for the same should stay strong as the quarantined people need something for indoor entertainment.

The underlying EEFund Video Game Tech Index tracks companies actively involved in the electronic gaming industry, including the entertainment, education and simulation segments. It charges 75 bps in fees (read: Play "New Super Cycle" for Video Games With 3 ETFs & Stocks).

UP Fintech China-U.S. Internet Titans ETF — Down 2.9%

The Nasdaq China US Internet Tiger Index seeks to track the performance of the 10 largest publicly-traded Chinese Internet companies and the 10 largest publicly-traded U.S. Internet companies. Tencent, Amazon (NASDAQ:AMZN), Alibaba (NYSE:BABA), Alphabet (NASDAQ:GOOGL), Facebook (NASDAQ:FB) and JD.Com are the top holdings of the fund.

ARK Next Generation Internet ETF — Down 3.6%

This ETF is actively-managed. It offers exposure to Cloud Computing & Cyber Security, e-commerce, Big Data, AI and so on. While Tesla (NASDAQ:TSLA) is in a top spot, Square (NYSE:SQ), Roku, Xilinx (NASDAQ:XLNX) and Twitter round out the top five positions. It charges 76 bps in fees.

OShares Global Internet Giants ETF — Down 4.4%

The fund looks to give investors a means of tracking stocks exhibiting quality and growth characteristics in the Internet sector. Amazon, Alibaba, Alphabet, Facebook, Microsoft (NASDAQ:MSFT) and Tencent are among the top holdings of the fund (read: Tech ETFs & Stocks Outperforming in 2020).

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Zacks Investment Research

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.



ETFMG Video Game Tech ETF (GAMR): ETF Research Reports

UP Fintech China-U.S. Internet Titans ETF (TTTN): ETF Research Reports

OShares Global Internet Giants ETF (OGIG): ETF Research Reports

Original post

Zacks Investment Research

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