2017 could be a big year for you if you invest in the right companies.
From tech to weed to, well, all of India, these are some of the industries, sectors and one entire country that we like in 2018.
With huge powers such as Google and Amazon investing in robots, it might be high time that you did too. There are 254,000 industrial robots who share our planet; that number is up from 60,000 in 2009. The amount of money flowing into robotics from ETF’s and mutual funds increased by $3 billion dollars in just the last year.
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The Robo-Stox Global Robotics & Automation RTF (ROBO) is one way to invest in this trend, focusing specifically on companies that make profits from robotics and related products and services.
2. 3D Printing
A top technology trend of 2016, 3D Printing should keep growing in 2017. The industry is projected to hit over $35 billion by 2020 and the biggest companies in the sector right now are 3D Systems, Stratasys and ExOne. If individual companies aren’t your cup of tea, you can also look at the 3D Printing ETF that began trading in July 2016 and has 39 holdings.
3. Augmented Reality
When Apple CEO Tim Cook compares augmented reality to the introduction of the smartphone, one has to sit up and take notice. The augmented reality video game Pokémon Go dominated the airwaves for weeks after its release and made $600 million in its first 3 months. Look to big players like Facebook, Microsoft and Google as well as chip makers to capitalize on this trend.
4. Artificial Intelligence
Artificial Intelligence “helpers” like Amazon Echo and Google home will make their way into 24 million households this year. These “helpers” represent the consumer side of the AI and that number is a 14 million increase from the 10 million sold in 2016. Industry. Stay tuned as Google and Microsoft continue to develop AI like Google’s Deepmind, which recently dominated in the “Go” World Championship against human players.
With Elon Musk at the helm, Tesla is on its way to help is reimagine how power will look like in the future. Tesla already has a market cap that exceeds some of the older “legacy” auto manufacturers, and the ceiling for this company might actually be in outer space. From car technology, to solar panel roofs to driverless cars, Tesla is leading the tech charge.
Is India the new China?
With a new tax system recently pushed through by the new Narendra Modi government, a lot of money has been flowing into India. India’s NSE 50, the Indian equity market index, has already shown a gain of 12.4% in 2017. The country’s economic growth is projected at over 7%, more than the projected 6.5% of China. With more changes coming from government, in the form of deregulation and infrastructure spending, look to India to keep growing.
The healthcare sector is more closely correlated to the patent cycle than the economic one so even if 2017 in general feels unpredictable, healthcare stands apart from other economic trends. An ageing demographic means healthcare investing might be a good place to put your money. With a lot of healthcare companies offering high dividends, 2017 might be the year to look at investing in healthcare.
10 states have now legalised marijuana — Colorado, Alaska, Oregon, Washington, California, Nevada, Maine, Massachusetts and Washington, DC and we can expect that number to grow in the coming years. Right now legal marijuana sales were at $7.4 billion in 2016. With that number expected to almost triple to $20.6 billion by 2020, this industry is poised to break out.