Kevin O’Leary, a wealthy investor on the “Shark Tank” television show and chairman of Boston’s O’Shares Investments, highlighted reasons why the digitalization trend is just in its early stages. Another investment firm leader, Frank Holmes, chief executive officer and chief information officer of San Antonio, Texas-based U.S. Global Investors (Nasdaq:GROW), spoke highly of technology companies that are gaining increased revenues by providing services on the cloud.
OGIG’s growth has come on the strength the digitalization of companies, largely in America, to collect data, identify trends and use the information to help leaders make wise business decisions. The exchange-traded fund’s (ETF) top five positions, as of Nov. 2, were Alibaba Group Holding Ltd. (NYSE:BABA), Amazon.com Inc. (NASDAQ:AMZN), Tencent Holdings Ltd. (OTC:TCEHY), Alphabet Inc. (NASDAQ:GOOG) and Facebook Inc. (NASDAQ:FB).
Source: Dividend Investor
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