|Bid||161.18 x 1400|
|Ask||161.25 x 800|
|Day's Range||160.85 - 165.24|
|52 Week Range||144.79 - 197.31|
|PE Ratio (TTM)||4.59|
|Beta (3Y Monthly)||1.27|
|Expense Ratio (net)||0.47%|
Ryan McQueeney discusses the end of the semiconductor super cycle and compares Texas Instruments and Broadcom, two chip stocks that dividend investors might have on their radars right now.
Broadcom is analyst Harlan Sur’s favorite large-cap pick, although he also has Overweight ratings on Nvidia, Intel, Maxim Integrated Products, and Micron Technology.
As the U.S. and China continue talks, investors may look to the pommeled semiconductor-sector ETFs if the negotiations pull through. BlackRock Chairman and CEO Larry Fink told CNBC on Wednesday there would ...
The bulk of earnings reports expected to affect semiconductor stocks and the relevant exchange traded funds are still to come, but chip ETFs, such as the VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) , could face other tests this week. After languishing last year, semiconductor stocks are showing some signs of life early in 2019. “Options traders in the January series have piled on to underscore the significance of triple-digit territory for SMH, having accrued call open interest totaling 24,139 contracts at the 100 strike,” reports Schaeffer's Investment Research.
Semiconductor stocks, often viewed as a bellwether segment in the technology sector, are coming off a rough year. In 2018, the PHLX SOX Semiconductor Sector Index, one of the most widely followed gauges of chip stocks, slipped 6.50%. That drop was nearly 200 basis points worse than the S&P 500's. While semiconductor stocks and mutual funds are rebounding to start 2019, some analysts are less than enthusiastic about the group. Morgan Stanley recently lowered its outlook on the semiconductor group, citing deteriorating conditions. Several of the industry's marquee names have also warned about slack demand over the coming quarters. Still, there are some compelling long-term data points to consider when evaluating semiconductor stocks and mutual funds to invest in. InvestorPlace - Stock Market News, Stock Advice & Trading Tips "The worldwide semiconductor memory market is anticipated to develop at quick pace over the estimate time frame attributable to growing popularity for smartphones and introduction of technologically innovative smart devices," according to Acumen Research and Consulting. "Rapidly increasing mobile computing and rising penetration of Solid-State Drives (SSD) is likewise foreseen to drive the growth of worldwide semiconductor memory market over the forecast time period." * 10 Growth Stocks With the Future Written All Over Them Here are the five best mutual funds for contrarian investors to invest in the semiconductor space. ### Fidelity Select Semiconductors Portfolio (FSELX) Expense Ratio: 0.75%, or $75 annually per $10,000 invested Compared to some of the exchange-traded funds (ETFs) in the semiconductor universe, the Fidelity Select Semiconductors Portfolio (MUTF:FSELX) is pricey with an annual fee of 0.75%, but investors can realize some cost savings with one of the best mutual funds for semiconductor exposure because Fidelity clients can transact in FSELX free of commissions. Adding to the case for FSELX as one of the best mutual funds for semiconductor exposure is the fund's long-term track record. This Fidelity fund has a lengthy history of outperforming the S&P 500, broader technology benchmarks and some well-known semiconductor indexes. FSELX is a top-heavy fund as its top 10 holdings combine for almost 70% of the fund's weight. That group includes Broadcom (NASDAQ:AVGO), Applied Materials (NASDAQ:AMAT) and Nvidia (NASDAQ:NVDA). ### Fidelity Advisor Semiconductors Fund - Class A (FELAX) Expense Ratio: 1.15% The Fidelity Advisor Semiconductors Fund - Class A (MUTF:FELAX) is one of the best mutual funds for investors looking for actively managed exposure to chip stocks. FELAX's primary manager is Steve Barwikowski, who has more than 10 years managing this fund. * Top 10 Global Stock Ideas for 2019 From RBC Capital FELAX has a four-star Morningstar rating and its top 10 holdings represented nearly 71% of the portfolio at the end of last year. As is to be expected, there is some holding overlap between FELAX and the aforementioned FSELX. Not surprisingly, most of FELAX's holdings are classified as growth stocks, primarily large- and mid-cap growth names. ### iShares PHLX Semiconductor ETF (SOXX) Expense Ratio: 0.47% The iShares PHLX Semiconductor ETF (NASDAQ:SOXX) is not a mutual fund. It is an ETF, but ETFs are descendants of mutual funds, so a case can be made that SOXX is one of the best mutual funds for those looking for semiconductor funds to invest in. One of the factors making SOXX one of the best mutual funds for chip stocks is cost efficiency relative to the category average. SOXX tracks the aforementioned PHLX SOX Semiconductor Sector Index and holds 30 stocks. Most semiconductor funds, including the best mutual funds, are concentrated in terms of roster size. As a cap-weighted fund, SOXX is also concentrated in terms of how many stocks really drive the fund's outcomes. Broadcom, Qualcomm (NASDAQ:QCOM) and Intel (NASDAQ:INTC) combine for nearly a quarter of the fund's weight. With a three-year standard deviation of 19.55%, SOXX reflects the volatile nature of the semiconductor space and other semiconductor funds, but its price-to-earnings ratio of just over 15 implies some attractive valuations for an industry that usually trades at a premium to the broader market. ### ProFunds Semiconductor UltraSector Investor Class (SMPIX) Expense Ratio: 1.46% The ProFunds Semiconductor UltraSector Investor Class (MUTF:SMPIX) is one of the best mutual funds for traders looking for some added juice on the semiconductor trade. SMIPX is designed to deliver 1.5 times the daily returns of the Dow Jones U.S. Semiconductor Index. That means that if that index rises 1% on a particular day, SMPIX should add 1.5%. Leveraged funds, be they mutual funds or ETFs, are particularly useful for active, risk-tolerant traders when there are looming catalysts. Earnings season could do the trick for SMPIX. * 7 Stocks to Buy as the Dollar Weakens From Jan. 22 to Feb. 18, about 72% of the PHLX Semiconductor Index's components report earnings, making SMPIX one of the best mutual funds to consider during that three-week span. ### SPDR S&P Semiconductor ETF (XSD) Expense Ratio: 0.35% There are a limited number of dedicated semiconductor funds, so as was noted earlier, some of the best mutual funds in this space are actually ETFs. The SPDR S&P Semiconductor ETF (NYSEARCA:XSD) follows the S&P Semiconductor Select Industry Index, which is an equal-weight benchmark. That eliminates some of the concentration risk associated with cap-weighted semiconductor funds. None of XSD's 35 holdings account for more than 3.48% of the fund's weight. Many equal-weight funds are driven by exposure to smaller stocks, but XSD is a large-cap fund as highlighted by a weighted average market capitalization of $25.76 billion for its components. Following a sour performance in 2018, XSD is off to a strong start this year with a year-to-date gain of almost 4%. As of this writing, Todd Shriber did not own a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post The 5 Best Mutual Funds to Invest In the Semiconductor Space appeared first on InvestorPlace.
The firm’s chip analyst, Craig Hettenbach, lowered his price targets for (CY) (ticker: CY), (NXPI) (NXPI), and (MXIM) (MXIM), citing worsening conditions in markets for goods that use semiconductors. Morgan Stanley was one of the first major Wall Street banks to turn negative on the sector.
The deceleration witnessed in the semiconductor space in the second half of 2018 is likely to continue into 2019, making it another challenging year for the stocks, according to Goldman Sachs. The Analyst ...
While the broader equity markets managed to maintain their rally, semiconductor stocks and sector-related ETFs retreated in response to Samsung's surprise profit warning due to weakening chip demand, following Apple's (AAPL) unexpected sales warning just last week. Samsung Electronics's operating profit revealed in its earnings guidance was significantly below market expectations, the Korea Times reports. Analysts believed the weak results were due to weakening memory chip prices and stagnating demand.
Semiconductor stocks showed solid signs of a rebound over the last two trading days with the PHLX Semiconductor Index jumped nearly 6.4%, marking its biggest two-day rally since 2015.
Semiconductor stocks were a drag on the broader technology sector last year. The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) prove as much. Some analysts believe chip stocks could struggle again in 2019.
Semiconductor stocks and sector-related exchange traded funds were among the worst performers Thursday after Apple's (AAPL) poor quarterly assessment dragged on the tech giant's global supply chain. On Thursday, the VanEck Vectors Semiconductor ETF (SMH) declined 5.7%, iShares PHLX Semiconductor ETF (SOXX) decreased 5.5% and Invesco Dynamic Semiconductors ETF (NYSEArca: PSI) retreated 5.3%. Weighing on the tech segment, Apple CEO Tim Cook revealed a lower Q1 guidance in a letter to investors.
If anything has become abundantly clear over the past several months, it is that the once red-hot global semiconductor market is starting to rapidly cool. The iShares Semiconductor Sector Index ETF (NASDAQ:SOXX) is in bear market territory. At some point, this big selloff in chip stocks will turn into a buying opportunity.
The VanEck Vectors Semiconductor ETF (SMH) and iShares PHLX Semiconductor ETF (SOXX) , two of the most widely followed semiconductor exchange traded funds, are among the technology ETFs that ended 2018 in a downward spiral. Following a fourth-quarter loss of more than 15%, SOXX finished 2018 lower by more than 8% while SMH finished last year lower by 11.21% following a fourth-quarter loss of nearly 18%. There are some risks to consider with semiconductor stocks and ETFs.
Semiconductors have benefited immensely in 2018 on the back of rapid proliferation of Internet and growing influence of digitalization. Apart from AMD, there are few other semiconductor stocks that have the potential to outperform in 2019.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
For the past several months, shares of chipmaker Intel (NASDAQ:INTC) have struggled due to global growth concerns, trade war headwinds, and semiconductor industry inventory issues. During this stretch, Intel stock fell as much as 25% off 2018 highs. The market has taken an increasingly favorable outlook on Intel’s AI and data upside over the past several weeks.
Given the recovering sentiments and a bullish holiday outlook, the tech sector appears as a compelling last-minute investment. As such, we have highlighted a few beaten-down tech ETFs that could see surge this Christmas.
Stocks pared losses after enduring a rollercoaster session ignited after the arrest of a Chinese telecommunications company executive muddled prospects of a U.S.-China trade resolution.
Global chip stocks tumbled on Thursday as the arrest of a top executive at Chinese tech giant Huawei renewed fears of an escalation in U.S.-China trade tensions.
Stocks pared some gains after optimism for a trade war truce between the U.S. and China had sent equities soaring earlier during Monday's session.
The stock market has undergone an intense selloff, and one of the sectors getting hit hardest is the semiconductor space. In other words, INTC stock has demonstrated an impressive resilience amid the recent market turbulence. The valuation of Intel stock is low, while the chip maker’s balance sheet is healthy and supported by strong cash flows.
Gerra expects Micron's core DRAM and NAND memory chip businesses to decelerate in pricing and performance over the next eight consecutive quarters. Micron's DRAM chips, or dynamic random-access memory, are used in desktop computers and servers, while its NAND flash memory is used in smartphones and solid-state drives.