3 Semiconductor Stocks That Are Going Down With the Ship
RMBS, MRVL and STM look like they're in for more pain
Source: Profit Scanner
http://investorplace.com/2016/01/semico ... 40&num=01#
According to McKinsey Global Institute, the Internet of Things-based consumer market alone is likely worth $1 trillion.
Factor in the healthcare and medical side, and you're talking another $2 trillion – and all this before taking into account the potential movement into other industries, like energy, transportation, and agriculture – just to name a few.
Right now, digital healthcare and wearapeutics is a "small" market, worth about $5.7 billion in 2015, according to IoT marketing research firm Parks Associates.
But… a decade from now, this segment alone is expected to be worth $97 billion. That's a compound annual growth rate (CAGR) of 33%, which is to say 33% growth every year for 10 years.
Semiconductors are the single best way to play this emerging "wearapeutics" trend, and the best way to do that is, hands-down, the exchange-traded fund (ETF) iShares S&P NA Technology Semiconductor Index Fund (Nasdaq: SOXX).
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