After Sunday night’s presidential debate, I was disheartened.

Donald Trump was – as he himself would put it – a disaster.

[ad#Google Adsense 336×280-IA]And Hillary Clinton shimmied and pivoted and deflected all night long to try and avoid looking like what she plainly is – a garden-variety corrupt-to-the-gills politician.

I wish I could just be cynical and say it was Washington politics as usual – but really, this felt a lot worse than that.

So afterward, I did the only thing that seems to make sense right now.

I went back to work finding great tech stocks and funds for you folks – the kinds of investments that will truly put you on the Road to Wealth.

That lifted my spirits – and I thank you for that.

In fact, my investigation showed me why America will always be great – never mind the morass we may now find ourselves in.

Better yet, my fact-finding mission led me to a wealth-building tech investment that proves my point.

Take a look…

American Know-How

American high-tech and life-sciences firms have pushed the market higher and higher since the end of the financial crisis. Just as they have done throughout our nation’s history.

From the steam engine and the lightbulb to the semiconductor and the smartphone, U.S. technology changes the world around us, creating new wealth along the way.

As I often remind you all, the Road to Wealth is paved with high tech.

And that’s why I think you should look at the Guggenheim S&P 500 Equal Weight Technology ETF (NYSE Arca: RYT). It holds more than 70 stocks, each of which, as the name says, is equally weighted.

RYT is a broad play on the U.S. tech sector. Its three main areas of focus are IT services (24.9%), semiconductors (25%), and software (18%).

It holds nameplate U.S. tech companies like Apple Inc. (Nasdaq: AAPL), whose mobile and computer products are ubiquitous throughout the world. RYT also holds Microsoft Corp. (Nasdaq: MSFT), offering a great play on software and PC gaming.

Then there’s Intel Corp. (Nasdaq: INTC), a broad play on the booming semiconductor industry. RYT is also invested in a Facebook Inc. (Nasdaq: FB), a leader in social media, the mobile revolution, and virtual reality.

But those household names are just a taste of RYT’s enticing investments. Some of the fund’s other 60+ holdings with great technology and excellent financials include…

  • FLIR Systems (Nasdaq: FLIR) is the world’s leading designer, manufacturer, and marketer of thermal imaging cameras. FLIR’s infrared technology is truly innovative. The Wilsonville, Ore.-based company has been around since 1978, when its vehicle-mounted imaging systems were ahead of their time. Now the company has expanded to operate in many different segments, including transportation and traffic, home improvement, maritime services, and law enforcement. FLIR has a market cap of $4.14 billion, operating margins of 16.2%, and a price/earnings (P/E) ratio of 22.39.
  • Akamai Technologies Inc. (Nasdaq: AKAM) may have low name recognition among consumers, but its technology is so prevalent that if you have ever made an online purchase, streamed a video, or downloaded a song, then you have likely used Akamai’s cloud service. Formed in 1998 by a team from the Massachusetts Institute of Technology, Akamai ranks as a leading provider of cloud-computing services. With a market cap of $9.71 billion, the firm has operating margins of 19.3% and a P/E ratio of 30.5.
  • Qualcomm Inc. (Nasdaq: QCOM) offers some of the most innovative wireless communications technology on the market. The San Diego-based company has aligned its growth strategy to directly benefit from the mobile boom. And that’s why the company is focused on its Snapdragon smartphone processor “platform.” Snapdragon is a study in miniaturization – it condenses more than the usual number of functions into a normal-sized chipset. Qualcomm has a market cap of $99.97 billion, 26.3% operating margins, and a P/E ratio of 19.7.
  • SanDisk Corp. (Nasdaq: SNDK) is a top supplier of flash memory products. The company offers a great investment angle on the mobile revolution. Pretty much every major handset manufacturer uses SanDisk’s flash memory solutions in one way or another. The Milpitas, Calif.-based company’s memory products are also used in data centers, which means it has a direct tie in to the cloud and Big Data, and its memory cards are one of the preferred methods of data storage in the immensely popular cameras from GoPro Inc. (Nasdaq: GPRO). SanDisk has a market cap of $15.38 billion. Its operating margin is 10.4%, and its P/E ratio is 37.2.
  • Cognizant Technology Solutions Corp. (Nasdaq: CTSH) specializes in information technology and consulting services. Since 1994, the Teaneck, N.J.-based company has been providing global IT solutions. It has more than 50 operations centers worldwide, which house more than 187,000 employees. Cognizant has partnerships with top tech companies like Adobe Systems Inc. (Nasdaq: ADBE), a leading provider of creativity software like Photoshop, and Cisco Systems Inc. (Nasdaq: CSCO), a top networking equipment provider. In turn, both Cognizant client companies are also held by RYT. With a market cap of $30.09 billion, Cognizant has operating margins of 17.5% and a P/E ratio of 20.4.

At around $105 per share, RYT covers a lot of ground with a cost-effective price.

Over the last two years, this winning ETF has gained some 25.2%, demolishing the S&P 500’s 9.2% return during the same stretch.

RYT is one of those foundational plays that are more stable than individual tech stocks in a volatile market. (And it “passes” all three of my ETF Profit Screens.)

In other words, with it, you can cash in on the nation’s tech boom, beat the market, and still sleep soundly.

Along the way, you’ll also be adding steadily to your net worth with the greatest wealth machine the world has ever known – and what continues to make this nation great – American technology.

— Michael A. Robinson

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Source: Money Morning