With the rise of thematic investing, the number of investment options keeps growing. John Gagliardi, Regional Brokerage Consultant at Fidelity, joins us to explain how investors can sift through stocks and find the investments they're interested in.
Gagliardi broke down the most popular themes sweeping Wall Street. He is seeing a lot of interest in the FinTech, pharma, and natural foods categories. Gagliardi demonstrates how investors can use Fidelity's tools to identify companies with exposure to artificial intelligence.
Gagliardi also shows us Fidelity's new tool for identifying investment themes. For investors who are not comfortable investing in single stocks, Gagliardi uncovered ETFs that can give diverse exposure to popular themes.
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
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