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Weak economic data pressures marketsThis summary was created by AI, based on 3 opinions in the last 12 months.
Experts suggest that the semiconductor sector has been in a long-term uptrend, with some turbulence along the way. The recent bottoms in semis have led to a strong rebound, but there may be a temporary pullback before a potential 25% increase. One expert prefers holding individual names in the sector, while another likes specific companies like Nvidia, AMD, and LAM Research, but not the SMH ETF due to sector dispersion.
It was a good play on the semis sector, but now it's volatile. He prefers holding individual names, like Broadcom, AMD and Nvidia.
Likes Nividia, AMD and LAM Research, but not the SMH ETF, because there's such a dispersion with this sector.
VanEck Vectors Semiconductor ETF is a American stock, trading under the symbol SMH-Q on the NASDAQ (SMH). It is usually referred to as NASDAQ:SMH or SMH-Q
In the last year, 3 stock analysts published opinions about SMH-Q. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for VanEck Vectors Semiconductor ETF.
VanEck Vectors Semiconductor ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for VanEck Vectors Semiconductor ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered VanEck Vectors Semiconductor ETF In the last year. It is a trending stock that is worth watching.
On 2024-04-26, VanEck Vectors Semiconductor ETF (SMH-Q) stock closed at a price of $217.68.
There's been institutional buying of the semis stocks. Analysis says that semis have been in a long-term uptrend after capitulating in early 2020, though there was middling turbulence along the way, like the pandemic boosting PC sales, then those sales falling post-Covid, pulling back 50% from highs. Ugly. But after the late-2022 bottoms in semis (and the market), semis have been rising in a nice run. Rising interest rates were killing anything tech for a while last year. The summer 2023 pullback was shallower with lower volumes than the summer 2022 pullback, says data; support held last summer. That led to a strong rebound last fall. Analysis says semis can add another 25%, but not in a straight line. Wait for a temporary pullback before pulling the trigger.