Best Long-Term Semiconductor Stocks According To Redditors: Favorites Beyond Nvidia
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
HeftyReaction4 suggests considering the VanEck Vectors Semiconductor ETF (NASDAQ:SMH). The rationale behind this approach is the uncertainty in predicting the long-term leader within 12-16 months. SMH offers diversified exposure to the semiconductor industry, mitigating the risk associated with selecting a single stock.
Cornerstones of Semiconductor Manufacturing
DM_ME_UR_PANZER recommends focusing on ASML Holding N.V. (NASDAQ:ASML) and Applied Materials Inc (NASDAQ:AMAT), emphasizing their critical roles in semiconductor manufacturing. ASML, a leader in advanced node photolithography equipment, and AMAT, boasting the largest and most diverse equipment portfolio, are deemed indispensable for the semiconductor industry.
Challenger in the Graphics Arena
Creme6020 points out Advanced Micro Devices Inc (NASDAQ:AMD) as a noteworthy player capable of taking on Nvidia. Acknowledging Nvidia’s dominance, the comment suggests that AMD’s consistent challenges of industry giants make it a compelling option.
The historical context of AMD competing with both Intel Corp (NASDAQ:INTC) and Nvidia Corp (NASDAQ:NVDA) adds to the optimism surrounding its future trends.
