“The constituents of PNQI are expected to see average and median year-over-year cash flow growth of 28% and 11% respectively. This is much stronger than the S&P 500 Index, which is forecast to see average and median cash flow growth of 13% and 8% respectively,” according to PowerShares.
PowerShares NASDAQ Internet Portfolio
Chart Courtesy: Invesco PowerShares
Tom Lydon’s clients own shares of QQQ.