2024-02-01 22:33:21 ET
Summary
- Skepticism around investing in semiconductor stocks due to the disconnect between stock performance and technological advancements in AI and semiconductors.
- Invesco PHLX Semiconductor ETF offers comprehensive exposure to the semiconductor segment of the technology sector.
- Top holdings of SOXQ include Advanced Micro Devices, Nvidia Corporation, Broadcom, Qualcomm, and Intel Corporation.
The AI and semiconductor story looks tired. I've been skeptical for some time (and admittedly wrong on my timing but I still believe right in the overall thinking). So maybe I'm wrong in warning about investing in semiconductor stocks here given how one-sided momentum has been in the "bull" market. If you share my skepticism and your timing is better than mine, then the Invesco PHLX Semiconductor ETF ( SOXQ ) is probably worth trimming or avoiding for now all together....
Read the full article on Seeking Alpha
For further details see:
SOXQ: It May Finally Be Time For A Reversal