IXN: Global Tech Leadership Remains, Eyeing A New Record High

I reiterate a buy rating on iShares Global Tech ETF, citing a compelling valuation and strong recent momentum. IXN trades at under 18x earnings with a PEG ratio below 1, supported by a 19.1% long-term earnings growth rate. The ETF offers global large-cap tech exposure, with 25% international allocation and significant AI-driven growth potential.