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iShares Core S&P U.S. Growth ETF seen as a buy amid tech sell-off and strong cloud sector growth.

03 Nov 2026, 04:19 WIB
Seeking Alpha
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Bullish
iShares Core S&P U.S. Growth ETF seen as a buy amid tech sell-off and strong cloud sector growth.

The iShares Core S&P U.S. Growth ETF (IUSG) is recommended as a buy due to an unjustified recent sell-off and strong momentum in the cloud sector. The ETF is heavily weighted in technology stocks, particularly those linked to AI and cloud services, which are experiencing accelerating growth and robust demand. Despite potential short-term volatility, oversold conditions and upcoming Nvidia earnings create a tactical buying opportunity for growth-focused investors.

As of Nov 03, 2026 09:22 WIB, Nvidia (NVDA) trades at USD 204.53 on Pluang with a slight 1-day decline of 0.12%. Despite this minor dip, the stock maintains strong investor interest, reflected by a 65% buy order activity on the platform. Nvidia's market cap stands at $4.94 trillion, highlighting its significant role in the technology sector relevant to the iShares Core S&P U.S. Growth ETF (IUSG).

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