Is SGOV The Best ETF to Buy?

We recently published Top 10 Trending Stocks and ETFs as Analyst Predicts $9 Trillion Productivity Gains Due to AI. iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) is one of the top trending stocks..

Jay Jacobs, U.S. Head of Equity ETFs at BlackRock, explained in a recent program on CNBC why he likes SGOV.

“Well, a lot of investors are looking to get yield and they’re not necessarily getting that through holding cash in a brokerage account. So, you’ve seen a lot of investors move into SGOV, our short-term government bond ETF, just to capture that yield that government bonds are paying. There’s still $7 trillion sitting on the sidelines in money market funds. And I think a lot of that could come into the ETF industry over the next several months and years as investors want to participate in continuing markets.”

While we acknowledge the potential of SGOV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.