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Best Long-Term Semiconductor Stocks According To Redditors: Favorites Beyond Nvidia

Published 01/03/2024, 18:28
Updated 01/03/2024, 19:40
© Reuters.  Best Long-Term Semiconductor Stocks According To Redditors: Favorites Beyond Nvidia

Benzinga - by Surbhi Jain, .

Investors exploring long-term growth in the semiconductor industry often face the dilemma of choosing a specific stock or opting for a broader approach like a semiconductor ETF.

Best semiconductor stock to buy and hold long term?

byu/tarheel786352 ininvesting

A Reddit post by u/tarheel786352 sparked a discussion on this topic, seeking advice on the best semiconductor stock for long-term investment. Here are some insights from the community:

A Holistic Semiconductor ETF Approach

HeftyReaction4VanEck Vectors Semiconductor ETF

Cornerstones of Semiconductor Manufacturing

DM_ME_UR_PANZER ASML Holding N.V.Applied Materials Inc

Challenger in the Graphics Arena

Creme6020Advanced Micro Devices IncIntel CorpNvidia Corp

Also Read: AMD Stock Set To Build On Gains, Outperforms Nvidia In Premarket: What’s Going On

Long-Term Returns Worth Considering

Shabanko12Broadcom Inc

Strategic Global Expansion and Japanese Semiconductor Market Dynamics

Taiwanese_JesusTaiwan Semiconductor Manufacturing Company

Romi-Omi adds insights to TSMC’s decision, emphasizing the collaboration with Japan due to its significant market share in semiconductor equipment and materials. TSMC’s expansion in Japan is seen as a mutually beneficial move, contributing to the recent success of Japanese semiconductor-related stocks.

The Reddit community offers diverse perspectives on the best semiconductor stock for long-term investment. Whether opting for an ETF like SMH for broad exposure or considering individual stocks like ASML, AMAT, AMD, AVGO, or TSMC, each recommendation comes with its unique rationale, emphasizing different aspects of the semiconductor industry’s potential growth.

As with any investment decision, thorough research and consideration of personal financial goals are crucial.

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Read Next: SOXL Soars Toward New Highs: NVIDIA And AMD Fuel Semiconductor Sector Rally

Photo: Shutterstock

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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