All Aboard $ARKK

Looking to make some money or trying to recover from the recent one-week negative spell? This is the perfect article for you!

A way to increase your interest in certain segments of the market might lead one down towards ETFs. As we recover from the tech correction of late February 2021 a shining opportunity has highlighted itself. Although stocks are hot news, wise investors value funds along with standard stocks for their diverse nature. The following is a brief explanation of a play on $ARKK

An ETF is a safe and steady way to track specific sectors or industries and swiftly diversify any portfolio. A new popular ETF rising steadily in both demand and price is $ARKK, an ETF by Ark. Ark powers many different ETFs including $ARKQ, $ARKW, $ARKG, and $ARKF but you might have only heard of $ARKK. $ARKK is the ETF based on innovation and technology.

The ETF holds lots of high-potential stocks including the catchiest of them all being $TSLA. Ran by the savvy and brave investor Catherine D. Wood the ticker takes strides away from the mundane nature of ETFs. $ARKK invites younger investors with the heart of a bull willing to battle the bears and it is simply not for those who dislike the potential of volatility. Wood’s ideology revolves around the determination of the tech sector to excel and dominate the future. As tech keeps proving itself quarter after quarter, we can understand the strict optimism team Ark withholds.

Switching gears, the numerical presence of $ARKK is attention-grabbing. At the time of writing $ARKK trades at $137/share with a market cap of well above $100B and a beta number of 1.65. The single share value of $ARKK indicates two factors: first, an affordable entry, and second, a negative test for a fishy penny stock relying on foolish investors to dump liquid. Mixing in the knowledge that $ARKK has a medium market cap it can be concluded that it is a safe investment. Moreover, the beta number is not crazy high but still shows room for growth. At the time of publishing this article, the tech sector took a huge hit. Red days bled the blue-chip stocks we know and love completely dry. This is part of the process for a healthy recovery after the pandemic but the pull-back dropped the prices of major stocks. Observing $TSLA, the price per share stuttered from approaching 4 figures at above $950 to tumbling down to a vulnerable $675 then creeping to $712. Clearly, the tech sector is going to recover as the downfall was a direct cause of extrinsic reasons for re-organizing investments. Nonetheless, the tech sector has still not recovered fully which is a perfect opportunity to buy low sell high babies. As $ARKK mimics the tech sector we notice a similar pattern with an ATH of $139 per share, laddering down to $135 and finally scooping up. Understanding the variables that influenced and are currently impacting the sector it is obvious there is a broad road of prosperity ahead as we recover

We heavily recommend looking into $ARKK and attempt to diversify your portfolio. If you believe in tech and believe in the greatness it can produce in the near future it is a well-rounded idea to consider this ticker. So jump on the ark and sail towards profits.

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Please keep in mind that this is strictly our analysis and opinion. Financial actions should not be based solely upon the opinions of this one article. Please read the disclaimer for further information.