Total Assets
Rate Of Return$iShares Semiconductor ETF(SOXX.US)
The Philadelphia Semiconductor Index's forward PE has dropped to just 24x, falling to its three-year average. The PEG is 1.26, the lowest level since 2016.
The fundamental basis for the prosperity of the semiconductor hardware industry has not changed, but betting on a single stock carries risk. It's better to hold the ETF for the long term and pay for your conviction.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
