ARKX: Bet On Drones And Satellites This Decade (Archive)
Drone and satellite demand are mega technology trends powering ARKX this decade.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- After analyzing ARK's Genomic ETF and Autonomous Technology & Robotics ETF, I now move on to Aerospace & Space Exploration.
- Drone and satellite demand are mega technological trends for this decade and ARKX provides good exposure to the beneficiaries of these themes, especially in a constructive interest rate environment.
- I am fundamentally bullish on ARKX, but from a technicals perspective, I am missing one key ingredient, which makes me put ARKX on hold.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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