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ETF Must-Read: Top 25 ETF-Related Questions AnsweredBoring stocks are good for your RRSPThis summary was created by AI, based on 5 opinions in the last 12 months.
The iShares PHLX Semiconductor ETF (SOXX-Q) is currently facing mixed expert opinions. Several analysts are concerned about the ongoing downturn in the technology sector, particularly emphasizing a potential worsening of inflation and its impact on tech stocks. Some reviewers argue that the semiconductor sector serves as a crucial barometer for the IT landscape, noting a significant uptrend in 2023 that is now showing signs of distribution, suggesting that institutional investors are reducing their exposure. While the ETF provides broad exposure to various semiconductor stocks, there are concerns about cyclicality and oversupply, particularly in memory chips. However, some experts view the ETF as a stable option that could benefit from the increasing demand for AI chips, recommending it as a buy and hold strategy for the upcoming year.
The semiconductors are a great barometer for information technology. The new cycle started in 2023, there was a big uptrend, and the chart now is showing distribution. What that means is that institutional investors are looking to reduce exposure. Over the last couple of months, we've been hugging this key level at the 40-week MA; on Monday, we moved below it.
So the S&P 500 made new highs this week, which might extend today, but we have this negative divergence where the semis haven't followed suit.
Remember that some of the semis are very cyclical. Right now, there's an oversupply on the memory side, which you can see with the likes of ASML. And you can see this ETF rolling over. He stays away from ETFs because they're a mixed bag. The place you want to be in semis is in AI chips -- like NVDA, and AVGO (nipping at NVDA's heels).
A broad-based play. A lot of individual names go down 10-15% when they miss on earnings. This ETF gives you diverse exposure to the names you'd want to own, but wrapped up in a nice little package. Buy and hold for the next year, see where we are after that.
His thesis is that growth is going to outperform.
The Canadian equivalent is CHPS.
Seeing strong outperformance due to chips and AI. Bellwether is NVDA, followed by AMD, MU and (to a lesser extent) INTC. Just getting started on the AI movement. Chips will continue to be a major part of that. Great long-term investment for diverse exposure; could buy today and still make money.
But for a short-term trade, be cautious on entry point, as many of the names have run up. Always have to be cautious when buying something that's moved significantly to the upside already.
Both have had very good runs. He'd take a third off the table. If it goes up, you still have two thirds. If it goes down, pat yourself on the back for being so smart. Then you can figure out if the trend is there to go lower. For both he'd trim a bit, and either way you'll feel good about yourself. :)
iShares PHLX Semiconductor ETF. is a American stock, trading under the symbol SOXX-Q on the NASDAQ (SOXX). It is usually referred to as NASDAQ:SOXX or SOXX-Q
In the last year, 3 stock analysts published opinions about SOXX-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 iShares PHLX Semiconductor ETF..
iShares PHLX Semiconductor ETF. was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares PHLX 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 iShares PHLX Semiconductor ETF. In the last year. It is a trending stock that is worth watching.
On 2025-04-10, iShares PHLX Semiconductor ETF. (SOXX-Q) stock closed at a price of $168.61.
Is going down because the tech sector is, after a few years of rallying. Inflation could worsen tech. If you own this, be sure you are geographically diversified.