VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs.
With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of your portfolio.” He urged investors to look at use cases, pointing to automobiles and electric vehicles in particular. The Index IQ Cleaner Transport ETF (CLNR B), which doesn’t just go after Tesla and the headline grabbers, has exposure to the entire EV ecosystem that is about to be supercharged with $45 billion in investments.
“I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of your portfolio,” @Vetta_Fi Financial Futurist @DaveNadig says on the…