Historical Gains and Outlook for Semiconductor Stocks Following Midterm Elections
SMH VanEck Semiconductor ETF
$483.63 -0.78%
View chart & analysis → - 1The PHLX Semiconductor Index has risen one year after the election in seven of the last eight midterm elections.
- 2The PHLX Semiconductor Index recorded an increase of approximately 46% from the election date compared to one year prior.
- 3Daniel Sparks stated that he will not sell semiconductor stocks now that voting has concluded.
So what's the key point?
The semiconductor index has risen one year after midterm elections many times. Expert Daniel Sparks said he will not sell these stocks.
Source The Motley Fool +1 · View original ↗
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