Nokia doesn't operate network. They build infrastructure devices.
Zillow is not disruptive at all, real estate sites like these are mainstream since early to mid 2000s. They're already the norm.
Are There Funds Similar to ARKK in Europe?
- Thread starter Cyrix
- Start date
Nokia doesn't operate network. They build infrastructure devices.
Zillow is not disruptive at all, real estate sites like these are mainstream since early to mid 2000s. They're already the norm.
I'm not chasing terms. Zillow is in ARK, ARK is what we are talking about. It's a very typical property site, like anything else I've seen. So a property listing website is hi-tech, 5G network equipment is not. You're right, I have no idea what your standards are.
You just doubled down on your first ignorant statement, for ego I suppose.
ok, whatever..you don't know the names well enough.
Look at how those names are valued by the market and traded in past 2-3 years, they are much closer to what I say than you. You are right, me and other investors are wrong. keep cheerleading nokia as a 5g play, its share price definitely needs more of you. Congrats for owning the market.
It seems like the typical ARK names are really the hypergrowth "tech" stocks. I also own ARKG which is really the bleeding edge of biotech mainly CRSPR , gene editing, etc.
Zillow is an interesting case since they have been somewhat successful in buying cheap real estate and reselling it so I guess they're part flippers as well. Maybe they'll get into property management. I know the analyst from Loup Capital seems to love it.
It appears to me that most of the public European tech stocks are really just legacy tech with the exception of a few. Europe & Asia still have quite a few tech conglomerates. I used work as a systems analyst at what used to be the leading PharmaIT company (MDL) which was eventually bought by another large tech company Dassault Systems -- its also a large conglomerate of Software & Hardware.
Zillow is an interesting case since they have been somewhat successful in buying cheap real estate and reselling it so I guess they're part flippers as well. Maybe they'll get into property management. I know the analyst from Loup Capital seems to love it.
It appears to me that most of the public European tech stocks are really just legacy tech with the exception of a few. Europe & Asia still have quite a few tech conglomerates. I used work as a systems analyst at what used to be the leading PharmaIT company (MDL) which was eventually bought by another large tech company Dassault Systems -- its also a large conglomerate of Software & Hardware.
I did consider UK and Scandinavia as European. It's partly due to bureaucracy and taxation, the whole system in western Europe is skewed towards becoming an employee. Creating a business also doesn't seem to have any social benefits in some countries it seems, you're instead looked down upon. Scandinavia and Eastern/Northeastern Europe doesn't have the same issues.
Then again many like @blueraincap wouldn't know the players because the US side is much better in marketing. Germany has Delivery Hero (27 bln mkt cap) - Foodpanda is everywhere in Southeast Asia for ex. and they're large in Europe and South America as well; Rocket Internet was another big one, sold Lazada to Alibaba some years ago, they were the biggest online retail here and still are I believe.
If you have professional experience and agree to the terms you can trade ETFs.
You are more right on Z, but the street likes it and other peers (Open, Redfin) because they intend to disintermediate the human-intensive broker via some self-viewing options. Is it really hi-tech? I don't think so, but the addressable market is huge and hasn't been disrupted for too long. The bread and butter is still traditional listing.
Barring a few smallcaps like Farfetch and occasional champions like Spotify and Adyen, you are right that majority of European techs are legacy players like SAP. The cutting-edge names are in hardware like ASML which is seen above AMAT and LRCX due to its top-notch EUV, then you see other crown-jewels like ARM of Softbank and industrial/auto semis of STM and NXPI (tied to the huge car sector). If you add chemical to the hardware mix, you can find more such as Siltronic for wafers but irrelevant as far as tech indexing is concerned. I would love to see more techs out of Europe, but the dynamics there is much weaker for ex-UK. Remember that darling tech firm called Wirecard?
As far as the OP is concerned, I stand with what I said in the first post that those hi-growth (say 2x+ topline growth) names that supposedly go to ARKK seldom exist in EU market. That @d08 funny guy obviously doesn't know TMT single names yet keeps arguing what is universally known.