Companies like Apple are now bringing semi-conductors back in-house and the sector is seeing many changes. It's hard to see who will be the winner. The sector has run tremendously so he would wait for a pullback before putting money in.
SOXX vs. XSD You don't need to own every industry, you want to own those that are going through some sort of structural change for the better. Semis are the building blocks of today's economy. Secular tailwind. Tech will continue to perform well, but you want to own things more tied to the business cycle. Semis have had a giant move. You can get sharp pullbacks. His favourite place to be in technology. He also owns XSD, more equally weighted. For example, Intel is challenged, but it forms a big piece of SOXX. For that reason, XSD is more attractive.
He does not own it outright, but it is part of the SOXX ETF. The company is involved in semi-conductor chips. He has other companies that he owns in this space. He likes the diversification of SOXX instead. The semi's have become the engine of the tech sector, so it is a good place to be in.
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. 2 analysts recommended to BUY the stock. 1 analyst 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 never recommended as a Top Pick on Stockchase. 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 2023-01-27, iShares PHLX Semiconductor ETF. (SOXX-Q) stock closed at a price of $407.1.