How is SMH stock faring? The VanEck Semiconductor ETF is up 2.2% in the past 5 days, and up 15.4% year-to-date.
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According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, SMH is a Moderate Buy. The Street’s average price target of $343.88 implies an upside of nearly 6%.
Currently, SMH’s five holdings with the highest upside potential are Universal Display (OLED), Micron (MU), Microchip Technology (MCHP), STMicroelectronics N.V. (STM), and Synopsys (SNPS).
Its five holdings with the greatest downside potential are Intel (INTC), Teradyne (TER), Lam Research (LRCX), Skyworks Solutions (SWKS), ASML Holding (ASML).
Micron stock is rising in regular trading today after Bernstein analyst Mark Li reiterated his Buy rating on MU with a price target of $170, implying nearly 2% upside potential.
Revealingly, SMH’s ETF Smart Score is Eight, implying that this ETF is likely to outperform the market.
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