Market News

Semiconductor ETFs Gain Thanks to Strong Earnings Results

The semiconductor conductor industry as a whole is trading higher today thanks to strong earnings results from a couple of companies. First off is Mobileye (NASDAQ:MBLY), which reported Q4 adjusted earnings of $0.27 per share, which beat analysts’ consensus estimate of $0.17. In addition, STMicroelectronics (NYSE:STM) also posted better than expected results, with earnings per share of $1.32, beating estimates of $1.13.

Semiconductor stocks can be very volatile, which can make investing in individual stocks difficult for some. For those looking to smooth out the volatility, the following semiconductor ETFs may be a better option:

  • VanEck Semiconductor ETF (SMH)
  • iShares Semiconductor ETF (SOXX)
  • SPDR S&P Semiconductor ETF (XSD)

Indeed, over the past three months, XSD has returned 27%, as indicated by the image above.

Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More