2 Semiconductor Growth Stocks With Market-Crushing Upside, According to Wall Street
The semiconductor sector was one of the best performers in 2021, with the iShares Semiconductor ETF returning 44% compared to 27% for the broad S&P 500 stock market index. It shouldn't come as a surprise, since consumer goods continue to trend further toward digitization, driving demand for increasingly advanced computer chips.
Other factors were also at play, including a persistent shortage of chips caused by pandemic-related shutdowns throughout 2020 and 2021, which has pushed semiconductor prices higher, boosting profits for the industry's manufacturers. And this tailwind could remain throughout 2022.
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Source Fool.com