VanEck Semiconductor ETF is reiterated as a “Buy,” with shares at all-time highs and strong recent momentum. SMH’s valuation, now in the low-20s P/E, remains compelling given a 15% long-term EPS growth rate and robust sector leadership. Top holdings like NVDA and TSM have increased concentration, making monitoring their fundamentals and technicals crucial.
Source: https://seekingalpha.com/article/4891596-smh-12-day-winning-…
