IGV: Software Names Nearing Another Key Breakout, Monitoring The P/E

  • IGV has outperformed the S&P 500 by over 15 percentage points since my bullish call, driven by strong momentum and a solid technical setup. The ETF offers exposure to high-growth US large-cap software names, with a premium P/E but robust historical and forward earnings growth. Technical analysis signals further upside if IGV breaks the $108-$111 range, with a potential target in the low to mid-$140s.