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The Zacks Analyst Blog Highlights: First Trust Nasdaq Semiconductor, PowerShares Dynamic Semiconductors, VanEck Vectors Semiconductor and iShares PHLX Semiconductor
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For Immediate Release
Chicago, IL – November 1, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include First Trust Nasdaq Semiconductor ETF (FTXL - Free Report) , PowerShares Dynamic Semiconductors Fund (PSI - Free Report) , VanEck Vectors Semiconductor ETF (SMH - Free Report) and iShares PHLX Semiconductor ETF (SOXX - Free Report) .
The technology sector has been leading this month buoyed by soaring FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet — and encouraging fundamentals like improved overseas demand, Trump’s tax reform plan and a rising interest rate scenario.
Notably, the semiconductor industry has been outperforming the broad sector buoyed by innovative technologies. New areas such as autonomous cars, cloud computing, gaming, wearables, VR headsets, drones, virtual reality devices, Internet of Things (IoT) and artificial intelligence are fueling exceptional growth in the industry, offsetting struggling traditional businesses like PCs and smartphones.
Further, the industry is benefiting from an astronomical surge in cryptocurrencies such as Bitcoin and Ethereum that has pushed semiconductor stocks to record highs. This is because mining of cryptocurrencies needs the usage of semiconductors. A hardware known as an ASIC (Application-Specific Integrated Circuit) has been designed exclusively for mining bitcoin (read: ETFs Riding High On Bitcoin Surge).
Moreover, the deluge of strong earnings reports from the major players such as Micron, Texas Instruments, Intel and Advanced Micro Devices added to the strength.
Given this, investors might want to tap the space with the top-performing semiconductor ETFs and stocks of this month. For them, we have highlighted four funds and stocks that are poised to perform well in the final two months of the year.
Best ETFs
First Trust Nasdaq Semiconductor ETF
This fund offers exposure to the most-liquid U.S. semiconductor securities based on volatility, value and growth by tracking the Nasdaq US Smart Semiconductor Index. It holds 30 stocks in its basket with each holding less than 9% share. FTXL has accumulated $24.5 million in AUM and trades in average volume of around 8,000 shares. Expense ratio comes in at 0.60%. FTXL is up 8.9% in October and has a Zacks ETF Rank #2 (Buy).
PowerShares Dynamic Semiconductors Fund
This fund tracks the Dynamic Semiconductor Intellidex Index, holding 30 securities in its basket with none accounting for more than 5.6% share. The product has AUM of $357.3 million and sees a moderate average daily volume of 80,000 shares. It charges 63 bps in annual fees and has surged 8.1% this month. The product has a Zacks ETF Rank #1 (Strong Buy) (read: 5 Biggest ETF Winners of Trump Trade Resurgence).
VanEck Vectors Semiconductor ETF
This fund provides exposure to 26 securities by tracking the MVIS US Listed Semiconductor 25 Index. It is highly concentrated on the top two firms — Taiwan Semiconductor (TSM) and Intel — with a combined 19.4% of assets. The product has managed assets worth $1.1 billion and charges 36 bps in annual fees and expenses. It is heavily traded with a volume of around 3.1 million shares per day and has gained 7.8% this month. The fund has a Zacks ETF Rank #1.
iShares PHLX Semiconductor ETF
This ETF follows the PHLX SOX Semiconductor Sector Index and offers exposure to 30 firms with each holding less than 9% of assets. The fund has amassed $1.4 billion in its asset base and trades in solid average volume of around 478,000 shares a day. It charges 48 bps in fees a year from investors and has gained 8.1% this month. It has a Zacks ETF Rank #1 (read: Semiconductor ETFs Touch New Highs Ahead of Q3 Earnings).
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: First Trust Nasdaq Semiconductor, PowerShares Dynamic Semiconductors, VanEck Vectors Semiconductor and iShares PHLX Semiconductor
For Immediate Release
Chicago, IL – November 1, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include First Trust Nasdaq Semiconductor ETF (FTXL - Free Report) , PowerShares Dynamic Semiconductors Fund (PSI - Free Report) , VanEck Vectors Semiconductor ETF (SMH - Free Report) and iShares PHLX Semiconductor ETF (SOXX - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday’s Analyst Blog:
Best ETFs from October’s Top Performing Sector
The technology sector has been leading this month buoyed by soaring FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet — and encouraging fundamentals like improved overseas demand, Trump’s tax reform plan and a rising interest rate scenario.
Notably, the semiconductor industry has been outperforming the broad sector buoyed by innovative technologies. New areas such as autonomous cars, cloud computing, gaming, wearables, VR headsets, drones, virtual reality devices, Internet of Things (IoT) and artificial intelligence are fueling exceptional growth in the industry, offsetting struggling traditional businesses like PCs and smartphones.
Further, the industry is benefiting from an astronomical surge in cryptocurrencies such as Bitcoin and Ethereum that has pushed semiconductor stocks to record highs. This is because mining of cryptocurrencies needs the usage of semiconductors. A hardware known as an ASIC (Application-Specific Integrated Circuit) has been designed exclusively for mining bitcoin (read: ETFs Riding High On Bitcoin Surge).
Moreover, the deluge of strong earnings reports from the major players such as Micron, Texas Instruments, Intel and Advanced Micro Devices added to the strength.
Given this, investors might want to tap the space with the top-performing semiconductor ETFs and stocks of this month. For them, we have highlighted four funds and stocks that are poised to perform well in the final two months of the year.
Best ETFs
First Trust Nasdaq Semiconductor ETF
This fund offers exposure to the most-liquid U.S. semiconductor securities based on volatility, value and growth by tracking the Nasdaq US Smart Semiconductor Index. It holds 30 stocks in its basket with each holding less than 9% share. FTXL has accumulated $24.5 million in AUM and trades in average volume of around 8,000 shares. Expense ratio comes in at 0.60%. FTXL is up 8.9% in October and has a Zacks ETF Rank #2 (Buy).
PowerShares Dynamic Semiconductors Fund
This fund tracks the Dynamic Semiconductor Intellidex Index, holding 30 securities in its basket with none accounting for more than 5.6% share. The product has AUM of $357.3 million and sees a moderate average daily volume of 80,000 shares. It charges 63 bps in annual fees and has surged 8.1% this month. The product has a Zacks ETF Rank #1 (Strong Buy) (read: 5 Biggest ETF Winners of Trump Trade Resurgence).
VanEck Vectors Semiconductor ETF
This fund provides exposure to 26 securities by tracking the MVIS US Listed Semiconductor 25 Index. It is highly concentrated on the top two firms — Taiwan Semiconductor (TSM) and Intel — with a combined 19.4% of assets. The product has managed assets worth $1.1 billion and charges 36 bps in annual fees and expenses. It is heavily traded with a volume of around 3.1 million shares per day and has gained 7.8% this month. The fund has a Zacks ETF Rank #1.
iShares PHLX Semiconductor ETF
This ETF follows the PHLX SOX Semiconductor Sector Index and offers exposure to 30 firms with each holding less than 9% of assets. The fund has amassed $1.4 billion in its asset base and trades in solid average volume of around 478,000 shares a day. It charges 48 bps in fees a year from investors and has gained 8.1% this month. It has a Zacks ETF Rank #1 (read: Semiconductor ETFs Touch New Highs Ahead of Q3 Earnings).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.