You know Kevin O’Leary as Mr. Wonderful from the hit TV show “Shark Tank.” But O’Leary is also a frequent stock market commentator and has a host of exchange traded funds, including OUSM which tracks high quality small and mid cap stocks.
This week, O’Leary, who is Chairman of O’Shares ETF Investments, launched another ETF to track Internet stocks. It’s called OGIG , or the O’Shares Global Internet Giants ETF. It includes well known names like Amazon AMZN , Facebook FB and Netflix NFLX but also lesser known names like Shopify SHOP , Nutanix NTNX .
“We’ve really built this index around hyper growth – finding the companies with good balance sheets that are growing 20-30% a year,” O’Leary told TheStreet.
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