To The Moon

🌟🌟🌟Semiconductors form the backbone of the Global Tech industry. They are the basic components that power computers, smartphones, the Internet, EVs and Artificial intelligence. The entire global economy would grind to a half without semiconductors. The first 8 months of 2023 have been profitable for semiconductor stock investors with $Semiconductor Bull 3X Shares(SOXL)$ Up 96% year todate. $VanEck Vectors Semiconductor ETF(SMH)$ is up 44%. There are so many great semiconductor companies to choose from that it is hard to make a good decision. Of course top of the list is $NVIDIA Corp(NVDA)$ which has jumped 212% year todate due to the high demand for its AI chips. Then there is $Advanced Micro Devices(AMD)$ which is the arch rival to Nvidia. It is up 60% year todate. $Taiwan Semiconductor Manufacturing(TSM)$ is up 16% year todate. What if we can own all of these exciting stocks in just 1 trade? Yes we can! With SMH ETF, we gain access to 26 of the Best and Strongest Semiconductor stocks. The Top 10 holdings include Nvidia, Taiwan Semiconductor Manufacturing, Broadcom, ASML Holdings, AMD, Intel, Qualcomm, Texas Instruments, Applied Materials and Analog Devices. Nvidia has the largest weightage at 20% followed by TSM at 12%. What I like about SMH is that it is not US centric even though it takes up 83% of the weightage. Taiwan takes up 10% followed by Netherlands at 4.55% and France at 1.6%. The expense ratio is 0.35%. Dividends are paid annually. Even though the dividend yield is only 0.82%, its capital growth more than makes up for it. Performance wise SMH is up 44% year todate but it has dropped 6% in the past month. Wall Street Analysts are bullish on SMH with a Buy rating, the average target price of USD 185.08, a upside potential of 27%. In the current Bear Market, SMH is an enticing buy as it is low cost, offers great value for money and minimises my risk on single stocks. If there is any negative news that affect one stock, the impact is minimal as there are other stocks in the ETF to cushion the blow. Semiconductors are an integral part of the Global Tech industry. They will continue to power into the future. That is why SMH ETF is my Top Pick and a great way to boost my portfolio. @Daily_Discussion @MillionaireTiger @TigerStars @Tiger_Earnings @Tiger_comments @CaptainTiger @Tiger_SG @TigerClub