- Investors looking for growth opportunities might want to start with semiconductor manufacturers. SOXQ is a newcomer, but it's top-quality and charges just 0.19% annually.
- Semiconductors are trading at cheap valuations and are incredibly profitable relative to most other tech-related industries. Analysts are upgrading already-high earnings expectations, too.
- Chip shortages will likely persist into 2023. That's plenty of time for the market to take advantage of SOXQ's 19x forward P/E, which rivals many large-cap value ETFs.
- The U.S. is serious about aiding the industry, treating it as a national security issue. Legislation is moving through Congress, and lobbyists led by Intel are out in full force.
- SOXQ is a buy, but it also isn't your only option. I'll present the fundamentals for five other semiconductor ETFs to help you make the best choice for your portfolio.
For further details see:
Invesco PHLX Semiconductor ETF: An Incredible Growth Opportunity