Posted September 20, 2019 12:15:49Investors are looking to cash in on the rising popularity of e-commerce in an effort to diversify away from stocks in an increasingly competitive industry.
They’re also looking for a way to diversified in a sector that has seen the price of bitcoin rise sharply since the beginning of the year, with the price surging over $1,300.
In addition to the traditional ways investors can diversify, the most promising ways are through investing in companies in the tech sector, according to a report from brokerage firm Fidelity Investments.
The report, titled The Acorns: Investing for the Next Wave of Growth in the Technology Sector, also lays out strategies for investors who want to diversifies their portfolio away from stock.
Investors can take a look at the report in the video below:Fidelity says there are three primary types of investments in the digital-first industry:Acorns, a virtual currency used in online shopping.
Acorns can be purchased in online stores, and they are used to purchase products on Amazon, eBay, and other online retailers.
The company is also launching a retail platform in which it will offer a wide range of online products, such as clothing, jewelry, and more.
In an interview with CNBC, Fidelity analyst Adam C. Katz said investors should consider investing in Acorns in order to diversifying their portfolios.
“I think the Acorns have been a fantastic investment opportunity and a fantastic asset class,” Katz said.
“They’re one of the fastest growing and most important new types of virtual currency and are one of several companies that will see tremendous growth.”
Acorns is not new to investing.
Acorn, a spinoff of a bitcoin-based crypto-currency, first made its debut in 2015 and quickly exploded in popularity.
The virtual currency has since exploded in value, becoming the most valuable cryptocurrency in the world in 2018.
According to the Fidelity report, investors looking to diversitate their portfolio should look at Acorns through three main types of investing:A) Acorns investing advice and services, which are tailored to the specific needs of investors, and B) Acorn-based technology companies, which offer high-technology products and services.
Acorns investing recommendations and services include investing in online and offline stores, which allow consumers to buy products directly from retailers.
Acoustics and e-retailers like Acorns will also be an important source of income for Acorns.
Acoustic will be a huge asset class for Acorn.
Acountains will be another major source of revenue for Acoustains, according the report.
Acoustics are also a key growth driver for the digital currency.
The technology company has been one of Acorns biggest revenue generators in the last few years, with a whopping $3.5 billion in revenues in 2018 alone.
Acustics technology is designed to provide a number of services that can help consumers buy and sell products, from virtual currencies to hardware, among other things.
The company is currently offering the world’s first fully functional Bitcoin ATM.
The ATM is designed for businesses and consumers who want a direct way to exchange digital currency for cash, with more than 500,000 Acorns available to purchase through the ATM, according Acorns’ website.
While Acorns has been around for years, Katz says Acorns are now a big player in the market.
“This is a significant milestone for the cryptocurrency space,” he said.
“The number of Acorn users has grown exponentially in the past few years,” Katz added.
“The demand for Acusters in retail is so great, it’s difficult to think of an alternative.”
The firm notes that Acorns also has a large number of employees, many of whom are professionals in the technology sector.
“We are expecting Acorns to grow significantly in 2018 and 2019, with an even larger presence in 2020,” Katz explained.
Acustics is also expected to have a major impact on the global economy.
Katz says the company is expected to generate $1.5 trillion in revenues by 2020, a number that will be driven by a number.
Acorn will be the third-largest bitcoin-focused company, behind bitcoin exchanges and exchange platforms.
Katz predicts that Acorn will also become a leader in the growing number of companies looking to provide services for the bitcoin community.