With over 10,000 stocks to pick from, the US stock market offers investors unrivalled opportunities - ranging from iconic names to exciting start-ups. However, for many investors, investing abroad in markets like the US can still be quite daunting and not without risk.

As a UK based investor, exchange rates and trading costs are a factor worth bearing in mind when venturing across the Atlantic. The exchange rate environment is not very favourable at the moment and the pound is currently at near one-year lows against the dollar, with £1 currently buying you just over $1.28. However, as “no-deal” Brexit fears persist, and it becomes an increasingly plausible scenario as the 29th March 2019 deadline approaches, the downward pressure on the pound will likely intensify. In that case, holding US shares may be a good way to benefit from the weakening pound.

Trump’s trade policies are a regular feature in the news, and investors looking at US companies are right to question what they might mean for them going forward. If Trump is successful in bringing China to the negotiating table then it could lead to more favourable terms for US based companies trading abroad. But if China continues its current stance, and the US proceeds with 25% tariffs on $200 billion worth of Chinese goods, then in a worse-case scenario, US companies could miss out on a potential 1.4 billion consumer market.

Whatever one may think of Trump’s global policies, there is no doubt that the US economy remains strong, resilient and bullish. In the second quarter of 2018, it was growing at an annual rate of 4.1%, its fastest rate in 4 years and well ahead of most major developed economies. The current volatile environment has also carved out new opportunities in the market.

One interesting prospect is Micron Technology, a Nasdaq listed company, which is a market leader in the field of semiconductor systems. The company offers a range of products to drive optimal memory and storage solutions in applications such as mobile devices, PCs, data centers, Artificial Intelligence (AI) and autonomous vehicles. It is the only company in the world to provide DRAM, NAND and 3D Xpoint technologies.

DRAM, which stand for Dynamic Random Accessory Memory, is what determines the performance of your technological device. In computers, for example, whether you are surfing the web, loading applications or keeping…

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