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Is ACDC a buy?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

Is ACDC a buy?

Hi MM, Are you positive or negative on ACDC? Peter

Answer

Hi Peter,

Last week we said  we like this ETF but after travelling sideways for most of 2021 we see no compelling reason to chase any short-term strength, the risk / reward looks attractive into weakness back towards its February low which is in the mid $80 region, and we are maintaining that view for now.

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ETFS Battery Tech and Lithium ETF (ACDC)
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