With all the current hype round AI, you wonder why BOTZ ETF is so far below its ATH…
BTW, regarding AI, the aliens we saw in movies and cartoons as kids, looked in hindsight actually much more like AI robots from other civilizations. Our fantasy was forewarning us long before we knew what AI was.
Gary May 26, 2023
If I remember correctly, BOTZ has a lot of robotics and mechanical automation in it like Fanuc, ABB, etc. Not necessarily concentrated with Semiconductor/AI. I was tempted to buy the ROBO ETF yesterday, though. For its daily chart, if nothing else.
Bart May 26, 2023
ROBO has a nice chart but is also 20% below its ATH. In other words, this could have legs. It is more substantial than marijuana or crypto. The last hype to draw everybody back in?
With all the current hype round AI, you wonder why BOTZ ETF is so far below its ATH…
BTW, regarding AI, the aliens we saw in movies and cartoons as kids, looked in hindsight actually much more like AI robots from other civilizations. Our fantasy was forewarning us long before we knew what AI was.
If I remember correctly, BOTZ has a lot of robotics and mechanical automation in it like Fanuc, ABB, etc. Not necessarily concentrated with Semiconductor/AI. I was tempted to buy the ROBO ETF yesterday, though. For its daily chart, if nothing else.
ROBO has a nice chart but is also 20% below its ATH. In other words, this could have legs. It is more substantial than marijuana or crypto. The last hype to draw everybody back in?