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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

Comment by Altman1979on May 15, 2020 11:18am
110 Views
Post# 31033476

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Power of Earnings

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Power of EarningsIf anyone is using this board to make their final buy/sell decision, then that probably isnt the best option. Everyone has opinions whether they are good or bad. Digitel does make interesting points and ones that have been echoed very much by all the "talking heads". There is, indeed, a lot of doom and gloom out there. These are unprecedented times, so a comparison with the financial crisis is not the best, but at least a starting point.

Do you own research and generate your own opinions and use this chat board to share some of those ideas - but never use it as your primary motivation to buy/sell. Just my opinion. I am very much long PHO and believe in the fundamentals, but I am also cognizant of the macro environment that appears to be increasingly uncertain...That being said, there are some positives:

Taiwan semi con is planning a huge expansion in the US: 

https://seekingalpha.com/news/3574877-taiwan-semiconductor-confirms-12b-u-s-plant?ifp=0&utm_medium=email&utm_source=seeking_alpha&mail_subject=wall-street-breakfast-supply-chain-security&utm_campaign=nl-wall-street-breakfast&utm_content=link-5


 
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