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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.