SMH: This Semiconductor ETF Could Maintain Its Current Run Through Earnings Season

Apr. 27, 2021 5:10 PM ETVanEck Semiconductor ETF (SMH), , , , 2 Comments
Rick Pendergraft
4.04K Followers

Summary

  • The VanEck Vectors Semiconductor ETF has rallied sharply over the last 13 months and now the holdings in the fund are reporting earnings.
  • Companies in the industry have seen earnings and revenue grow more rapidly in the most recent quarters.
  • The current chip shortage should help keep demand high through the rest of 2021 and likely in 2022.

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Photo by sefa ozel/E+ via Getty Images

The VanEck Vectors Semiconductor ETF (NASDAQ:SMH) has been on a tremendous run over the past 13 months. Since dropping below the $100 level during the 2020 meltdown, the fund has rallied over 150% and the industry is

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This article was written by

4.04K Followers
Rick Pendergraft is a Strategic Content Manager at Seeking Alpha. Prior to joining the company, he was a contributor to the site and has been involved in the investment publishing industry for over 20 years. He has worked for some of the largest financial publishers in the world and he has been quoted in the Wall Street Journal, USA Today, and New York Times. In addition, he has been interviewed on Bloomberg, CNBC and Fox Business News. Rick received a Bachelor of Science Degree in Economics from Wright State University. When he isn’t working at Seeking Alpha, you can usually find Coach Rick doing something involving basketball. He coaches with a high-level travel basketball program in South Florida currently.

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