6 Solid Reasons Why You Should Buy Semiconductor ETFs
Zacks Investment Research | Mar 12, 2018 10:54PM ET
The semiconductor space remained largely unaffected by the broad market sell-off seen in early February. This is because the semiconductor industry is clearly leading the broad technology space this year on encouraging fundamentals, solid corporate earnings, strong outlook and investors’ continued appreciation of value-centric traditional stocks. The rally has strengthened courtesy of a series of consolidation, which pushed several chip stocks and ETFs to new highs.
Below we discuss some strong reasons for investing in semiconductor ETFs.
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Semiconductors are the most important driver of overall technology growth as these are used in cars, electronic gadgets to planes and weapons. Robust demand for memory chips and other semiconductor products owing to the rapid adoption of cloud, Internet of Things, autonomous cars, gaming, wearables, VR headsets, drones, virtual reality devices, artificial intelligence, cryptocurrencies, and other advanced information technologies are fueling huge growth in the space (read: Original post
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