Why XLK Could Be a Smarter Bet Than Apple Stock After the iPhone 16 Reveal!

Published: Sep 09, 2024 Duration: 00:00:42 Category: News & Politics

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Apple's introduction of the iPhone 16 and other updates hasn't moved the stock which remains steady with an 18% year-to-date gain if you're looking to mitigate single stock risk and avoid fomo consider the technology ETF xlk which is up 99.1% this year this ETF provides broad sector exposure and includes major Tech names like apple Nvidia and Adobe for even wider Market reach ETFs like spy and ibv also feature Apple xlk has been rated positive by Quant Lake since February 2023 and is a key component in our sector rotation model invest wisely with a diversified approach happy long-term investing from the Quant Lake team

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