Wednesday 11 February 2015

Apple Results, Earnings Set Semiconductor ETFs Soaring

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.



Consumers love their smart toys, and ETF investors love the chipmakers behind those technologies. Apple (AAPL) reported stellar results Jan. 27, and that's benefited exchange traded funds holding these equities, notes Neena Mishra, director of ETF research at Zacks Investment Research. "As long as the popularity of iPhones keeps surging, some of the chipmakers that supply to Apple will continue to benefit," she said. SPDR S&P Semiconductor (XSD)

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