[Hidden Stock Gem] How This Intriguing ETF Could Fly Under the AI Megatrend

Plus, details of why 2023 will close in the green, according to historical data. Picks from the Editor SPONSORED (Newsletter Continues Below) Sponsored [Build Wealth 10x Faster By Doing This]( As you know, the stock market has been volatile lately, and there's a lot of uncertainty in the air. But we want to assure you that this is not the time to panic. In fact, it's the time to be buying stocks.[Go HERE to Get Their Names And Ticker Symbols]( By clicking the link you are subscribing to the Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( Revealing the Hidden Opportunities in an Underrated ETF  Hi Traders,  A quick reminder just before we begin today’s newsletter: In just 10 days, starting on June 5 at 9:00 AM, the team here at Traders on Trend will be hosting the highly anticipated Summer Market Summit. This gathering showcases an expert lineup of 32 leading industry traders and market gurus, eager to share their distinct insights and knowledge. Irrespective of your trading expertise, this summit is your gateway to your next level of trading. Remember, the Summer Market Summit is rapidly approaching and further details will be disclosed as we inch closer to the date, so you need to stay tuned! [Simply click this link to secure your participation in this transformative event.](  Now, on to our newsletter… In the grand scheme of things this year, artificial intelligence (AI) has undoubtedly stolen the limelight, with AI-focused ETFs striking gold as the tech industry unfurls the next chapter of its marvelous tale. Amidst these gold diggers, there lurks a potential diamond: The WisdomTree Artificial Intelligence and Innovation Fund (BATS:WTAI). With a humble $13 million in assets under management (AUM), this petite fund is almost criminally overlooked. You know what they say about AI, right? We're barely scraping the surface. WisdomTree wisely observes that this AI saga could "transform nearly every facet of our global existence, from workspaces to living rooms." Today, AI's influence is visible from the chatty ChatGPT to self-driving marvels and industrial automation. Stanley Druckenmiller, a legendary investor with a rather brag-worthy annual return of 30% over three decades at Dusquense Capital, recently praised AI, saying it could be as "revolutionary as the internet." Despite his grim predictions for the economy, he earmarked AI frontrunners Nvidia and Microsoft as potential lifeboats in stormy seas. He even expressed doubts about a significant dip in Nvidia's share price during a recession, given the firm's magnetic attraction within the AI space. Now, what makes WTAI an attractive investment? One word: diversification. It features a buffet of 76 different stocks and avoids putting all its eggs in one basket. Its top 10 holdings form just 22.6% of the fund. This means investors aren't holding their breath over the fortunes of a handful of top guns. With a mere 3% investment in top position Nvidia, this ETF doesn't play favorites. Furthermore, WTAI doesn’t just stick to one flavor of AI. It covers the entire spectrum, from software and hardware to semiconductors and "innovation" - a category with enough room to fit any disruptive AI application. In the semiconductor department, heavyweights like Nvidia, Alchip Technologies, Advanced Micro Devices, and Lattice Semiconductor bring their A-game.  While Nvidia enjoys a cushy 85% share of the GPU market, AMD shouldn't be overlooked, as analysts predict a potential growth spurt for the firm in the AI sphere. The WTAI portfolio also includes the likes of Meta Platforms, Microsoft, Alphabet, and Amazon, tech titans each striding boldly into the AI frontier.  Plus, software companies such as ServiceNow and UiPath, which embed AI within their solutions to streamline and automate workflows, make their mark too. Wondering what the crystal ball says for WTAI? Analysts appear quite optimistic, endorsing it with a Moderate Buy rating. With over 70% bullish sentiments from a pool of 886 ratings and an estimated upside potential of around 15%, this ETF seems poised for a climb. As for costs, WTAI charges an expense ratio of 0.45%. While that's higher than your run-of-the-mill broad-market index fund, it's still palatable for a specialized, thematic ETF. In fact, among its AI-themed peers, WTAI sports the most wallet-friendly expense ratio, besting the iShares Robotics and Artificial Intelligence Multisector ETF (NYSEARCA:IRBO), among others. Of course, no investment comes without a caveat. Despite its many merits, WTAI is a tad on the small side with just $13 million AUM. This could mean a rockier ride than its larger counterparts, but given its ample trading volume, liquidity shouldn't be a concern for the regular Joe investor. To wrap it up, WTAI, with its reasonable expense ratio and broad spectrum of AI investments, is like a veritable smorgasbord for those looking to feast on the AI megatrend. It's definitely one to watch as we embark on this thrilling expedition into the uncharted territory of AI innovation.  Keep on keeping up!  John @ Traders on Trend  (In the next article: Based on historical data, 2023 is projected to finish green. Why and how? Find out below! 👇) Sponsored [How He Bagged One Of The Top Trading Records…]( A reclusive millionaire has been quietly racking up winning trade after winning trade. 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[Click HERE to see how he’s done it…]( [Privacy Policy/Disclosures]( Check the Free Presentation Today ☝ SPONSORED Patterns from the Past Predict a Positive Year for U.S. Stocks  There's a cloud of doom and gloom hovering over Wall Street, a sense that the bottom could drop out from the financial universe any second now.  Recent happenings might lead one to believe we're teetering on the edge of a financial chasm. Moreover, the sting from 2022's dismal performance still lingers, making investors as skittish as cats in a room full of rocking chairs.  Yet, sneak a peek beneath the veneer of paranoia, and you'll notice the stock market has been quietly making a comeback. That's right. Since the lows of October 2022, the major markets have been shimmying upwards, with equities leading the charge. From where I'm standing, portfolios are yearning for the comforting arm of bonds around their shoulders.  Until central banks stop cranking up yields, which could happen, fingers crossed, by the tail end of 2023, bonds might remain the solid rock in these turbulent seas. But let's chat equities for a moment. It's starting to look like they might be the bell of the ball this year. Don't just trust me on this, though. History is on our side here:  (article continues below) Sponsored [How To Extract Profits From Uncertain Markets]( The news wants to scream “doom and gloom” about the current market. Conditions feel uncertain – that’s the prevailing sentiment. But guess what? There’s NEVER any real certainty in the market. Reveal how you can take advantage of this current market.[The #1 Strategy For Uncertain Market Conditions]( By clicking link you are subscribing to The Investing Ideas Daily Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy. [Privacy Policy/Disclosures]( SPONSORED  🔼 Pay attention, this is worth your time! ☝  (article continues)  - A streak of 18 consecutive days in February above the 200-day moving average, post a 20% plunge the previous year, always led to a chirpy annum. - If Q1 numbers were in the green come March, the rest of the year followed suit, no exceptions.Every time the stock market closed over 5% up in January, we were in for a sunny year. - Fast-forward to May, if the first 100 days showcased a stellar performance of over 8%, the year ended up with a spring in its step. Contrasting this run of good fortune, though, is a tidal wave of news, forecasts, and lurking catastrophes prophesying a market meltdown.  The world of finance, like life itself, is a riddle wrapped in a mystery inside an enigma. Instead of indulging in crystal ball gazing, I prefer to snuggle up with a hundred years' worth of data and statistics. They've proven to be a much more reliable comfort blanket. For instance, the recent earnings season stood its ground sturdier than many expected, with valuations bouncing back from the 2022 low. I'm not a perennial Pollyanna, but my long-term optimism is fueled by the historical performance of the U.S. stock market. Short-term, though, it's essential to keep in mind that markets have a knack for swinging back and forth like a metronome on steroids, mirroring the ebb and flow of investor sentiment. I'll start to sweat when every Tom, Dick, and Harry rushes headlong back into the market, and my local butcher starts swapping his meat cleavers for Bitcoin.  Or when I'm inundated with queries about the hottest stock picks of the moment, like in 2021.  For now, however, caution seems to be the word du jour, and fear is the name of the game. All the potential pitfalls are in plain sight. Barring an unforeseen black swan event, I'm pretty confident my investments will keep humming along. The markets have a rebellious streak. They couldn't care less about our collective mood or predictions. Instead, they march to their own beat, and more often than not, they spring a surprise when we're least expecting it.  Disclaimer:  The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.  Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit tradersontrend.com/terms for our full Terms and Conditions.   [UNSUBSCRIBEÂ]( TradersOnTrend.com  COE MEDIA.   1126 S Federal Hwy Unit #827   Fort Lauderdale, FL 33316Â