Monty Rakusen
After an unexpected volatility in the first half of 2025, iShares Expanded Tech Sector ETF (NYSEARCA:IGM) is poised to generate healthy returns in the second half of the year and ahead. The uptrend is likely to be supported
IGM Is Outperforming, More Upside Likely Ahead
Summary
- I maintain my buy rating on iShares Expanded Tech Sector ETF, expecting strong returns as tech stocks benefit from robust earnings, AI demand, and favorable macro conditions.
- IGM’s diversified portfolio, with heavy exposure to both IT and communication sectors, positions it to outperform peers as mega-cap techs surge.
- The ETF has outperformed rivals like IYW and VGT, offers a lower valuation, and boasts strong momentum, liquidity, and dividend growth.
- While IGM’s high beta means higher volatility, its growth prospects and market leadership make it a compelling choice for tech-focused investors.
Komal is passionate about finance and the stock market. She enjoys forecasting future market trends using a fundamental and technical approach with a focus on both short- and long-term horizons. She intends to provide unbiased analysis to assist investors in selecting the best investment strategies to stay ahead of the market.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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