BSTZ: Riding The AI Wave
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REITer's Digest4.35K FollowersFollow5ShareSavePlay(10min)CommentsSummaryBlackRock Science and Technology Term Trust remains a top AI-driven closed-end fund, outperforming the S&P 500 and NASDAQ 100 over the past six months.BSTZ’s portfolio now exceeds 30% private holdings, with increased exposure to innovative tech and AI hardware, but this raises valuation and liquidity uncertainties.The fund trades at a persistent discount to NAV, allowing for value-enhancing strategies like share repurchases, though the discount reflects market skepticism.I assign BSTZ a Hold rating, citing strong recent performance but cautioning on AI sector risks, technological disruption, and inconsistent distribution policy. Specker/Vedfelt/DigitalVision via Getty Images The artificial intelligence boom has left no stone unturned across the investable universe. Over the past year, we've discussed the wide reaching impacts of the next industrial revolution, including rising power demand, innovation in artificial intelligence chipsets, and the largestThis article was written byREITer's Digest4.35K FollowersFollowREITer's DigestAnalyst’s Disclosure:I/we have a beneficial long position in the shares of BSTZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.