Invesco Water Resources ETF T.PHO

Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.

NDAQ:PHO - Post by User

Invesco Water Resources ETF > Hodson on BNN

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Comment by Stocker46on Nov 16, 2018 5:00pm

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Post# 28987594

RE:RE:RE:RE:RE:RE:RE:RE:Hodson on BNN

Comparing a company with $30 billion in revenue (MU) to one with 40 or 50 million is absurd.
The fact that you didn't know the Semi-conductor industry was cyclical ... and wouldn't touch PHO with a 10 foot pole at these prices gives you ZERO credibilty

Thanks ... but I'll bet on PHO's chances of doubling to $2.14 by the end of next year and doubling again to over $4 within the next year or two .... than hoping that MU (now at $39.44) wil double to $79 and $158 over the same period.

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