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February 18, 2021 at 12:12 PM EST
Gas guzzlers are on their way out. Electric vehicles and EV-adjacent technology are the future. For investors, where should you put your money in this industry? And, more importantly, where shouldnât youâ¦
Lead image via ADAC Foundation / Fotolia
Climate change is real. The Pentagon is already preparing for mass unrest, social upheaval, and widespread strikes due to unchecked climate change. Vehicle exhaust contributes to about one-fifth of all greenhouse gas emissions in the US. Switching to electric vehicles â or EVs â wonât solve the climate change crisis, but itâs a giant leap in the right direction.Â
Top 5 Semiconductor ETFs For 2021
Semiconductors are positioned for another big year in 2021 fueled by expectations from strong sales growth.
Author:
Dec 27, 2020
The tech sector was once again a top performer in 2020. Semiconductor stocks were a big reason for that as the sector returned more than 50% this year.
Semiconductors proved to be an economically resilient sector in 2020. Despite disruptions related to the COVID pandemic, semiconductor sales were up more than 5% this year. They re also forecast to increase another 8% in 2021.
If the COVID vaccine does what we hope it will and it ushers in a global economic recovery, the tech sector (and semiconductors specifically) could be poised to lead the market again.