SOXQ: Cheap Exposure To Nvidia, Broadcom, And Other High-Quality Semiconductor Stocks
Broadcom(AVGO) Seeking Alpha·2024-04-16 16:29
D3Damon/E+ via Getty Images Investment Thesis Markets finally appear to show some signs of moderating their YTD gains in line with future expectations of the underlying revenue growth and earnings growth in the S&P 500. Per FactSet’s latest consensus estimates, the S&P 500 is expected to grow earnings by ~10.8% this year, while earnings are expected to continue growing to ~13.4% in FY25. These consensus estimates reflect strong earnings growth, which will be supplemented by stronger than usual top-line ...