What's a good consumer electronic stock to get into?
People always tell me that I should get stocks in what I know. I'm a gadget freak; I keep constant watch on the latest and greatest consumer electronics. Are there ETFs for this?
Answers
2183 points
ChaosNantuko answered 2 years ago …
Tech in general can be covered by the QQQQ etf, but its a bit more broad then just consumer electronics. If your looking for something more specific, take a look at the PHW. Its the Powershares Dynamic hardware and consumer electronics etf. Heres some information on it...
http://moneycentral.msn.com/investor/partsub/funds/holdings.asp?ETF=true&Symbol=PHW
129 points
tarenfro answered 2 years ago …
You must know your risk tolerance to answer for yourself. I like Apple (AAPL) and Research in Motion (RIMM). Both have moved up and may retrace before moving higher. Remember to buy stocks as they bounce of support and use stops in case of a down turn. I like products from both companies. The new Apple computers with Intel's excellent processors and a new Apple operating system are a great combination. Blackberry smart communicators/phones are excellent.
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