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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 7 opinions in the last 12 months.
Experts agree that the semiconductor sector is showing strong growth due to the increasing demand for chips and the rise of AI technology. However, there is caution around the high valuation and potential for a market correction. Long-term investment is seen as favorable, but short-term entry points should be approached with caution.
Excellent option for semi conductor industry. Safe product with a good distributor. A.I. demand for chips steadily increasing. A good option for a portion of investor portfolio. Would recommend holding and/or buying.
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.
Likes the general strength in sector. However, high valuation a worry for investors. Would recommend selling on strength. Wait for price weakness before investing. Overall, good fundamentals, but would advise investors to be careful before investing.
Significant growth in sector will power results of this ETF. However, would classify as option with a high valuation. Make sure risk management allows for protection from a correction. Overall.. trend is strong though.
A lot of the tech stocks are approaching their price targets, so what's an investor to do? He always recommends writing some calls, actively managing them. You can do this on ETFs over the counter.
Runway for SOXX is probably longer than that of the ZQQ.
Don't sell on recent strength.
Expecting further growth.
Would advise a stop loss - market could fall with upcoming recession fears.
If large position in portfolio - suggest selling a little bit.
A few weeks ago, it got 3 standard deviations above its 50-day moving average, which triggered him to take profits. It's a short-term trade.
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. :)
Semiconductors run everything around us. When he participates in these ETFs, he always does it by thirds, both on the way in and on the way out.
Semis are overbought, a legacy of the pandemic, but inventories are starting to normalize and even a few shortages in places. We're overdue for a decline. A trader can play this, but this is not a long-term buy.
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, 4 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 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.
4 stock analysts on Stockchase covered iShares PHLX Semiconductor ETF. In the last year. It is a trending stock that is worth watching.
On 2024-10-11, iShares PHLX Semiconductor ETF. (SOXX-Q) stock closed at a price of $235.46.
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.