On a special edition of the Zacks Friday Finish Line, hosts Ryan McQueeney and Maddy Johnson are joined by Christian Magoon, the CEO of Amplify ETFs, for a special discussion about the growing battery industry, and how investors can gain exposure with a new exchange-traded fund.
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Amplify is known for its unique ETFs, like the Amplify Online Retail ETF IBUY and the Amplify Transformational Data ETF BLOK , but the firm’s recently launched ETF, called the Amplify Advanced Battery Metals and Materials ETF BATT , offers a new take for investors curious about the battery space.
Because many people only consider lithium-ion batteries when they think of the broader battery industry, Maddy and Ryan asked Eric if there are any other metals investors should have on their radar. It turns out, there is a wide range of raw materials that potential investors should be curious about, and many that play important roles throughout the industry.
What are the biggest growth drivers of the battery industry? What are the technological uses for these metals? Where will the battery industry be in 25 years? Or even 50? What are the biggest risks for investors, and will these risks pay off?