Carl Delfeld looks at PowerShares Lux Nanotech (PXN) exchange traded fund and the nanotechnology industry. This could be the next growth industry; but what is it exactly?
Nano is really small and deals with molecules and subatomic particles that are created, controled, manipulated and organized into new structures and new uses. The applications are endless, medicines, energy, agricutlrue, textiles and more. PXN is an ETF that offers investors an opportunity to invest in the industry. PXN is made up of 26 companies, both small-cap growth and large-cap value. Carefully look into this and see if it is a fit for your portfolio, as it can be though of as a venture capital fund.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.