Any time an ETF can double in value in a handful of years, it's an impressive feat. Based on the Rule of 72, it would take an investment 7.2 years to double in value if it averaged 10% annual returns.
Any time an exchange-traded fund (ETF) can double in value in half a year, it's on a generational run. That's been the case so far this year with the iShares Semiconductor ETF (NASDAQ: SOXX). Through market close on June 22, SOXX is up 108%, 12 times higher than the S&P 500's returns in that time.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Considering SOXX's huge run-up this year, is it still a buy, or have investors missed the boat? Let's take a look.
Semiconductors (chips) are the invisible heroes of the tech world. You might not see them, but any time you're using an electronic device -- whether it's a smartphone, laptop, tablet, TV, or car infotainment system -- you're indirectly interacting with chips.
Any time an exchange-traded fund (ETF) can double in value in half a year, it's on a generational run. That's been the case so far this year with the iShares Semiconductor ETF (NASDAQ: SOXX). Through market close on June 22, SOXX is up 108%, 12 times higher than the S&P 500's returns in that time.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Considering SOXX's huge run-up this year, is it still a buy, or have investors missed the boat? Let's take a look.
Semiconductors (chips) are the invisible heroes of the tech world. You might not see them, but any time you're using an electronic device -- whether it's a smartphone, laptop, tablet, TV, or car infotainment system -- you're indirectly interacting with chips.
4 months ago
