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While Nvidia (NVDA) has outperformed time and time again in 2024's AI chip craze, what are some other ways investors can get market or Magnificent Seven exposure?
Bancreek Capital Advisors Chief Executive Officer and Chief Investment Officer Andrew Skatoff joins Brad Smith to talk about finding broader market exposure through the firm's US large cap (BCUS) and international large cap (BCIL) ETFs. BCUS holds tech names such as Apple (AAPL), Broadcom (AVGO), and Microsoft (MSFT).
"We do have quite a bit of industrial exposure. And there are some really neat industrial companies that have really been around for decades and decades... And they've built very specific edges over time," Skatoff explains. "A lot of these industrials support the build-out and development of data centers and AI growth. They're just not going to be the semiconductor plays. So you might have companies like Hubbell (HUBB) or... like an Eaton (ETN) or just companies that are going to be involved in that process and build out."
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This post was written by Luke Carberry Mogan.