Financial Insights That Matter
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After a tough few weeks, the Nasdaq has started to claw back some of its recent losses. However, the tech-heavy index remains well below its highs, presenting a potential opportunity for investors who believe in the long-term strength of the US technology sector.
For those looking to gain exposure to a potential rebound, the Betashares nasdaq 100 etf (ASX: NDQ) could be a strong option.
This ASX ETF provides local investors with easy access to the Nasdaq 100 index, which includes some of the most innovative and dominant companies in the world. Let’s take a closer look at why this could be a smart buy today.
An ASX ETF packed with global leaders
The Nasdaq 100 index is home to many of the world’s biggest and most influential tech companies.
This means Betashares Nasdaq 100 ETF investors are gaining exposure to businesses that continue to shape the digital economy and drive long-term technological advancement.
Take Microsoft (NASDAQ: MSFT), for example. The tech giant is at the forefront of the artificial intelligence (AI) revolution, with its heavy investment in OpenAI and the integration of AI into its core products like Office 365 and Azure. With businesses worldwide increasingly relying on AI-powered tools, Microsoft could continue to see strong demand, which should be a tailwind for the ASX ETF.
Then there’s Nvidia (NASDAQ: NVDA), which has been a major winner from the AI boom. Its cutting-edge GPUs power everything from machine learning to data centres, and demand for its high-performance chips remains extremely strong. Despite recent volatility, many analysts believe Nvidia is well-positioned for sustained long-term growth.
Apple (NASDAQ: AAPL) also remains a core holding in the Betashares Nasdaq 100 ETF. While the company has faced some near-term headwinds, its loyal customer base and strong services segment provide it with a steady stream of revenue. The upcoming iPhone cycles and the growth of Apple’s ecosystem—including the App Store, subscriptions, and potential AI innovations—could help it regain momentum.
Another company worth highlighting in the Betashares Nasdaq 100 ETF is Amazon (NASDAQ: AMZN). While best known for e-commerce, its cloud computing arm, Amazon Web Services (AWS), is a dominant force in the industry. As businesses worldwide continue to transition to the cloud, AWS should remain a key profit driver for Amazon.
Foolish takeaway
With the Nasdaq still well off its highs, now could be a great time to consider an investment in this ASX ETF.
While short-term volatility is always a risk, the long-term outlook for leading tech companies remains strong. For those who believe in the future of AI, cloud computing, and digital transformation, the Betashares Nasdaq 100 ETF could be a great way to capitalise on the next phase of tech sector growth.
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