Choosing the right ETF can feel overwhelming. To simplify things, we’ve shortlisted three ETFs with at least 10% upside and an Outperform rating based on TipRanks’ ETF AI Analyst’s view.
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Using the ETF Comparison Tool, let’s see how these three ETFs compare.
- VanEck Semiconductor ETF (SMH) — This fund tracks the performance of the MVIS U.S. Listed Semiconductor 25 Index. It provides exposure to companies involved in semiconductor production and equipment. The ETF AI analyst currently has a price target of $392 on SMH, indicating about 12.4% upside potential. The fund’s Outperform rating is based on solid performance from its top holdings, such as Nvidia (NVDA) and Taiwan Semiconductor Manufacturing Company (TSM), which are delivering strong results and are well-positioned in the artificial intelligence (AI) space.
- Nuveen Growth Opportunities ETF (NUGO) — This fund seeks long-term capital appreciation via exposure to U.S. companies with a market capitalization of at least $1 billion. The NUGO ETF comprises companies with the potential for attractive earnings growth, strong relative valuation, and solid cash flows. The ETF AI Analyst currently has a price target of $46 on NUGO, suggesting an upside potential of more than 17%. The bullish stance on the NUGO ETF is backed by strong exposure to high-performing tech stocks like Nvidia and Microsoft (MSFT). In particular, these two stocks are gaining from AI-related tailwinds.
- IQ Winslow Focused Large Cap Growth ETF (IWFG) — The IWFG ETF focuses on large-cap companies with robust growth potential. It provides exposure to some of the most promising companies that are leaders in their industries, but still have significant room for expansion and innovation. The ETF AI analyst currently has a price target of $61 on IWFG, suggesting 15.5% upside. The fund’s Outperform rating is based on top holdings such as Nvidia and Microsoft, which are focused on AI and cloud technologies.
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