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SMH VanEck Semiconductor ETF is My Top Pick to Catch The AI Mania

@koolgal
🌟🌟🌟Artificial Intelligence is here to stay and will take us beyond to the next century. AI chips are the brain and critical component in the development of AI. $VanEck Vectors Semiconductor ETF(SMH)$ is my top pick to capture this global phenomenon! In just 1 trade, I gain instant access to the Semiconductor Giants in this arena. The Top 10 holdings include $NVIDIA Corp(NVDA)$ $Taiwan Semiconductor Manufacturing(TSM)$ AMD, Broadcom, ASML and many others. The Top 10 weightage is 67% of the ETF. I like that I don't have to pick individual stocks. Instead I get a basket of the best and strongest semiconductor companies in just 1 trade. So even if a stock falls, the effect is mitigated because of other stocks in the basket. I also like that SMH ETF is not US-centric even though it takes up 81% of holdings. It includes Taiwan, Netherlands and France. The total number of holdings is 26. The expense ratio is 0.35%. It goes ex dividend on 18 December 2023. The current dividend yield is 0.78% but the potential for capital growth is huge. Performance wise, SMH ETF has jumped 21% in just 1 month and an incredible 51% year to date. According to Tip Ranks, Analysts are bullish on SMH with a Buy Rating. The 12 month median target price is USD 162.15, an upside potential of 5.7%. $VanEck Vectors Semiconductor ETF(SMH)$ offers a great exposure to the AI mania with its concentrated approach on Semiconductor companies, the powerhouse of AI chips. The best part of investing in $VanEck Vectors Semiconductor ETF(SMH)$ is the relatively low cost compared to investing in individual stocks like Nvidia, TSMC. At the last closing price of USD 153.38 it is a lot easier on my pocket than Nvidia at USD426. 92! SMH ETF is my Top Pick to capture the AI mania that is now gripping the world like never before. @Daily_Discussion @TigerStars @MillionaireTiger @Tiger_comments @CaptainTiger
SMH VanEck Semiconductor ETF is My Top Pick to Catch The AI Mania

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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