Participate In Winter Olympics With These Stocks And ETFs
Zacks Investment Research | Feb 08, 2018 11:54PM ET
Finally, it’s the day for the opening ceremony of the 2018 Winter Olympics, at Pyeongchang, South Korea. The event will take full control of sports lovers all over the world till Feb 25. And it is not only meant for sports lovers, it also means a lot for the economy of the hosting country. So, there are many reasons to participate in Winter Olympics financially.
For the coming two weeks, sponsors of the event will take full charge of your television and radio, erect hoardings and use every means of advertisement to promote their brands, definitely within the rules set by regulators. In short, this sporting extravaganza will have a substantial impact on several companies and their related ETFs.
Let’s delve a little deeper into the Olympic partners, as per CNBC.com .
Alibaba (NYSE:BABA)
ADRA) have weights in the range of 10% to 17% in Alibaba.
Coca-Cola (KO)
Coca-Cola, a long-time IOC partner, is executing a host of "TV commercials featuring South Korean figure skater Yuna Kim and actor Park Bo-Gum". Consumer Staples Select Sector SPDR Fund Staples ETFs: What Investors Need to Know ).
Visa V
Visa – an IOC partner since 1986 – recently launched its Winter Games ad showing “the sportspeople using contactless cards and wearable payment devices as they get ready to compete.” The company has considerable exposure in funds like Innovation Shares NextGen Protocol ETF (NYSE:I) , iShares U.S. Financial Services ETF IPAY .
Intel (NYSE:I)
Intel was accredited watching the games on VR headsets ”.
Investors can have Intel exposure via VanEck Vectors Semiconductor ETF Forget Bitcoin, Bet on Blockchain With These New ETFs ).
Samsung Electronics (KS:005930) Co. (OTC:SSNLF)
Samsung, an IOC partner for 30 years, lately released an ad showing “Dutch skaters Sjinkie Knegt and Suzanne Schulting FLKR invest in the range of 15-19.5% in Samsung.
Procter and Gamble PG
According to VDC each puts about 10% of the weight in P&G.
General Electric Company (NYSE:GE)
As a global Olympic Partner since 2005, GE is the exclusive provider of products and services that are vital to host an Olympic event. GE will work with “the organizing committee, governments, and customers in the area of FIDU are good ways to access GE through funds.
Toyota (NYSE:TM)
Toyota tossed a global campaign endorsing its association with the games in November, addressing its "Mobility for all" strategy. BLDRS ASIA 50 ADR Top ETF Stories of January ).
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Dow Chemical Company (NYSE:DOW) DWDP
DOW, an established IOC partner, is accessing 2018 Winter Games activity to demonstrate its proficiency to a business audience. Funds like iShares U.S. Basic Materials ETF (NYSE:I) , Materials Select Sector SPDR ETF MATF invest in the range of 20% to 24.4% in the chemical giant and thus are sure to gain on Winter Olympics.
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