SOXX - iShares PHLX SOX Semiconductor Sector Index ETF: Out-Performing 5G ETFs

January, 21 2021 08:32 AM iShares PHLX SOX Semiconductor Sector Index Fund

With 5G continuously gaining traction, ETF issuers have a tendency to associate ETF names with the technology.
This is not the case for SOXX though despite concrete exposure to fifth generation wireless technology as well as AI.
A realistic examination of growth opportunities is needed in view of the change in tenant at the White House and with COVID still around.
Despite exhibiting higher volatility, SOXX has outperformed peers.
Taking into consideration the growth rate estimates for the semis industry and subtracting for some supply-chain overheads, an upside of $190-200 can be envisaged for this year.

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Company Name:	iShares PHLX SOX Semiconductor Sector Index Fund
Stock Symbol:	SOXX
Market:	NASDAQ