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In this episode of ETF Spotlight, I speak with Gene Munster, Managing Partner at Loup Ventures. We discuss the outlook for tech giants, Tesla, and the Innovator Loup Frontier Tech ETF (LOUP - Free Report) .
Tech giants reported their quarterly results last week, and they just keep growing bigger. However, they are not immune to supply chain disruptions. Apple (AAPL - Free Report) and Amazon (AMZN - Free Report) missed estimates, while Alphabet (GOOGL - Free Report) and Microsoft (MSFT - Free Report) were the clear winners.
Apple recently lost its crown as the world's most valuable public company to Microsoft, but Gene believes its challenges are already priced in. He also likes Facebook, which changed its name to Meta Platforms last week, as the company is likely to be rewarded from the explosive growth of the Metaverse.
Tesla (TSLA - Free Report) recently entered the exclusive $1 trillion market capitalization club and Gene believes it could be a $2.5 trillion company in the next five years.
The LOUP ETF invests in companies that influence the future of technology including artificial intelligence (AI), computer perception, robotics, autonomous vehicles, virtual reality, and mixed/augmented reality.
Image: Bigstock
Big Tech, Tesla & An ETF to Invest in Disruption
In this episode of ETF Spotlight, I speak with Gene Munster, Managing Partner at Loup Ventures. We discuss the outlook for tech giants, Tesla, and the Innovator Loup Frontier Tech ETF (LOUP - Free Report) .
Tech giants reported their quarterly results last week, and they just keep growing bigger. However, they are not immune to supply chain disruptions. Apple (AAPL - Free Report) and Amazon (AMZN - Free Report) missed estimates, while Alphabet (GOOGL - Free Report) and Microsoft (MSFT - Free Report) were the clear winners.
Apple recently lost its crown as the world's most valuable public company to Microsoft, but Gene believes its challenges are already priced in. He also likes Facebook, which changed its name to Meta Platforms last week, as the company is likely to be rewarded from the explosive growth of the Metaverse.
Tesla (TSLA - Free Report) recently entered the exclusive $1 trillion market capitalization club and Gene believes it could be a $2.5 trillion company in the next five years.
The LOUP ETF invests in companies that influence the future of technology including artificial intelligence (AI), computer perception, robotics, autonomous vehicles, virtual reality, and mixed/augmented reality.
The fund's top holdings include Affirm (AFRM - Free Report) , TakeTwo Interactive (TTWO - Free Report) and Coinbase (COIN - Free Report) .
Tune in to the podcast to learn more about these stocks and ETF.
Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.