1 No-Brainer Artificial Intelligence (AI) ETF to Buy With $40 During the S&P 500 Sell-Off
The S&P 500 (SNPINDEX: ^GSPC) is still in a bull market, which stretches back to October 2022. In fact, it's coming off back-to-back annual gains of more than 25% in 2023 and 2024, a feat it has only achieved one other time since 1957. However, the S&P is currently in sell-off mode, declining more than 9% from its recent all-time high so far. Many of the stocks that drove the index's incredible gains over the last two years are currently down even more than that, namely those leading the artificial intelligence (AI) race. Since the U.S. stock market always trends higher over the long term, this might be a great time for investors to scoop up some bargains.Rather than picking winners and losers, it might be a good idea to buy an exchange-traded fund (ETF) that focuses on high-growth AI stocks instead. The Roundhill Generative AI and Technology ETF (NYSEMKT: CHAT) offers diversified exposure to the industry through its portfolio of 37 top AI names, and investors can pick up a single share for under $40. Continue reading
The S&P 500 (SNPINDEX: ^GSPC) is still in a bull market, which stretches back to October 2022. In fact, it's coming off back-to-back annual gains of more than 25% in 2023 and 2024, a feat it has only achieved one other time since 1957.
However, the S&P is currently in sell-off mode, declining more than 9% from its recent all-time high so far. Many of the stocks that drove the index's incredible gains over the last two years are currently down even more than that, namely those leading the artificial intelligence (AI) race. Since the U.S. stock market always trends higher over the long term, this might be a great time for investors to scoop up some bargains.
Rather than picking winners and losers, it might be a good idea to buy an exchange-traded fund (ETF) that focuses on high-growth AI stocks instead. The Roundhill Generative AI and Technology ETF (NYSEMKT: CHAT) offers diversified exposure to the industry through its portfolio of 37 top AI names, and investors can pick up a single share for under $40.
