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April 17th, 2006

How to Invest in Nanotech

Abstract:
Nanotechnology should have a profound impact on virtually every business if implemented successfully. Although there are skeptics, the stock prices of companies using the technology, including blue chips IBM (IBM), Intel (INTC), and General Electric (GE), could benefit. In fact, an exchange-traded fund (ETF) devoted to nanotech is taking off.

Jack Uldrich, president of the consultancy NanoVeritas Group, estimates that corporations around the world will spend more than $10 billion on nanotechnology R&D in 2006. He indicates that he closely follows about 100 U.S.-based nanotech firms, of which 60% are privately held

Source:
businessweek

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