Salesforce

Oracle

ServiceNow

Microsoft

Adobe

Palantir Technologies

Palo Alto Networks

Intuit

Cadence Design Systems

CrowdStrike

iShares North American Tech-Software ETF

IGV tracks a market-cap-weighted index of US and Canadian software companies.

Apple

Amazon

Marvell Technology

First Trust Cloud Computing ETF

Technology Select Sector SPDR Fund

Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.

Tech stocks hit first all-time high since July

Launched on 07/10/2001, the iShares Expanded Tech-Software Sector ETF (IGV) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Software segment of the equity market.

Should You Invest in the iShares Expanded Tech-Software Sector ETF (IGV)?

Software has historically outperformed hardware, but AI-driven hardware has surged in the past few years. Is it time to make a switch? IGV ETF's software portfolio seems overvalued at 38x PE and 2.3x PEG, while price targets point to only a 1% upside potential. In contrast, the semiconductor sector (SOXX ETF) offers a 25% upside potential with higher EPS growth and cheaper valuations.

IGV: Software Is Expensive

Analysts see the potential for a friendlier merger climate and growth in IT budgets.

Why software stocks could see fresh shine after Trump's presidential victory

C3.ai

SPDR S&P Software & Services ETF

The AI software market is expected to grow at a compound annual growth rate (CAGR) of 40.6% from 2023 to 2028, per IDC.

Bet Big on AI Software Stocks & ETFs for Long Term Opportunity

IGV has outperformed SMH recently, driven by better price action and a slightly lower P/E, leading me to upgrade it from a hold to a buy. Despite a high P/E ratio, IGV's long-term EPS growth and PEG ratio just above 2x make it attractive. The ETF's bullish technical pattern, including a potential cup and handle breakout, suggests strong price trends into year-end and next year.

IGV: Not A Bargain P/E, But One Technical Pattern Catches My Attention (Rating Upgrade)

Software industry underperforming due to slowing growth trend and macroeconomic challenges. The iShares Expanded Tech-Software Sector ETF is expected to underperform because software companies' declining revenue and earnings trend is likely to continue. Consider avoiding IGV and explore other options like IGM, SCHG and QQQM for better returns in the current bull run.

IGV: Software Stocks Appear Unattractive, Consider Alternatives

IGV has underperformed the broader technology sector, but has attractive earnings growth rates and valuation. Consensus forecasts show mid to high-teens earnings growth for software stocks in IGV's portfolio between 2024 and 2026. IGV's growth potential is lower than the broader technology sector, but its valuation is not expensive compared to historical averages.

IGV: Attractive Valuation And Good Growth Visibility

Technology stocks have been market leaders. And over the past couple weeks, the broader tech market has been consolidating gains.

Software Sector ETF (IGV) Breaking Out of 4 Month Consolidation

Themes Cloud Computing ETF

Fidelity Cloud Computing ETF

First Trust Innovation Leaders ETF

Pacer Data And Digital Revolution ETF

Oracle (ORCL) shares rose on strong booking and solid revenue outlook for fiscal 2025 despite earnings and revenue miss.

ETFs in Focus Following Oracle's Q4 Earnings

Salesforce is the latest software giant to sell off due to weak guidance. Many software stocks rallied in 2023, pricing them for perfection.

My Top ETF to Buy the Dip in Slumping Software Stocks Like Salesforce

We all know that AI, etc. has been driving Semiconductor stocks forward. Software stocks haven't kept pace. But semiconductors can't do anything unless there are programmers coding instructions.

IGV: The Software ETF Will Eventually Share In The Love We're Now Giving To Semiconductors

Asana

Datadog

PagerDuty

Atlassian

Workday

Microsoft stock has gained 5% in 2024 but the IGV software index is down 3%, after falling 7% in April. The bellwether index soared 59% last year amid AI hype.

Why April Brought Grief To Software Stocks As IGV Index Tumbles

AI and vendor consolidation are key drivers for outperforming software companies in the technology industry, and that will continue to be the case in Q1 2024.

Q1 Software Earnings Preview: AI And Vendor Consolidation Will Be Key Themes To Watch

IGV: Priced For Perfection At Technical Resistance (Rating Downgrade)

Defiance Next Gen Connectivity ETF

Monarch Blue Chips Core ETF

NVIDIA

Oracle (ORCL) jumped more than 13% to a record high in yesterday trading session, following the robust third-quarter fiscal 2024 results. Investors seeking to tap the strength should consider ETFs having the largest exposure to this software giant.

ETFs to Tap on Oracle's Strength

VanEck Vectors Semiconductor ETF

Chip stocks have been crushing software stocks so far this year, and a Jefferies analyst thinks it will take more time for investors in the latter to see the financial benefits of artificial intelligence.

How software investors should view the AI ‘tsunami' as chip stocks outperform

IGV has growth potential in the software market and its concentration in stable companies may help it withstand tech market volatility. The iShares Expanded Tech-Software Sector ETF is heavily concentrated in its top 10 holdings, which are mostly large cap software companies. IGV had strong performance in 2023, outperforming the S&P 500 and Nasdaq 100.

IGV: A Great Set Of Overvalued Tech Stocks

iShares Expanded Tech-Software Sector ETF has a track record of outperforming peer software ETFs and the S&P 500 Index. IGV has several key holdings, including Salesforce, Adobe, and Oracle, that demonstrate strong growth and profitability, posturing IGV to outperform other peer competitor ETFs looking forward. Despite a low dividend yield and moderate expense ratio, IGV's strong performance and holdings drive it toward a buy rating for investors.

IGV: A Leading Contender Among Software-Focused ETFs

First Trust NASDAQ Technology Dividend Index Fund

FMC Excelsior Focus Equity ETF

FT Cboe Vest Technology Dividend Target Income ETF

Oracle (ORCL) provided downbeat revenue guidance, citing strong competition in the cloud-computing industry. However, it beat earnings estimates.

ETFs in Focus Post Oracle's Fiscal Q2 Earnings

iShares Expanded Tech-Software ETF has recovered from the 2022 bear-market in the tech sector bear market and gained 35% YTD. Microsoft, the top holding of the ETF, has contributed to its success with a 47% YTD gain. Other top-holding include Adobe, Salesforce.com, and Palo Alto Networks. The ETF sports a high-valuation, but considering that Generative AI is expected to grow at a CAGR of 40%+ over the next decade, I would argue that it should.

IGV: Software ETF Rides AI To +35% YTD Gain

Fidelity MSCI Information Technology Index ETF

iShares Global Tech ETF

As expected, the Federal Reserve announced on Wednesday that it would keep its benchmark interest rate within the range of 5.25% to 5.50%.

Fed Stays Put: 5 Wining Tech ETFs

Cisco Systems

Dynatrace Inc

Splunk

Software growth stocks outperformed in the first half of 2023. But will the artificial intelligence-driven rally be sustainable for software stocks?

Software Stocks To Watch As Artificial Intelligence-Generated Rally Stalls

SPDR Portfolio S&P 500 Value ETF

Financial Select Sector SPDR Fund

Consumer Discretionary Select Sector SPDR Fund

SPDR NYSE Technology ETF

Bank of America's head of US equity & quantitative strategy, Savita Subramanian, offers a reassuring message for equity investors, as quoted on Yahoo Finance.

Is Market Optimism in Cards as Rates Peaking? Top ETFs to Buy

Direxion Daily Cloud Computing Bull 2X Shares

Shares of Oracle Corp. ORCL, -12.14% tumbled 12.1% in midday trading toward its biggest one-day selloff in 21 years in the wake of a disappointing earnings report, and were having an oversized drag on some exchange-traded funds that track both the software and cloud sectors and carry relatively large positions in Oracle's stock. The Fidelity Cloud Computing ETF FCLD, -1.87%, of which Oracle's stock is the most heavily weighted component with a 4.5% weighting, shed 1.9% with 38 of 50 equity components seeing red.

News for iShares North American Tech-Software ETF ETF (IGV)