Tuesday's ETF To Watch: Market Vectors Semiconductor ETF

CitigroupCitigroup (Photo credit: Wikipedia)Earnings got off to a rocky start this week as Citigroup (C) missed analyst expectations, casting doubt on what will be a busy end to the week as dozens of blue chip firms will report earnings. Investors are looking to earnings season to revamp the bull run that has faltered in recent weeks, as less-than-encouraging data has put a damper on investor confidence. This slew of earnings has already brought big news, as Google (GOOG) announced a share split that will certainly shake up how the company is ran. Today, however, we look towards a different industry giant as they detail their performance during the first quarter of 2012 [see also 5 ETFs For The Earnings Bull].


Today will see earnings from semiconductor giants Intel (INTC). Based in California, Intel is regarded as the world's largest and most valuable semiconductor firm, as their chips are utilized for a number of devices across the globe. Intel had a strong 2011, as their revenues of $54 billion were a record for the company, but 2012 looks to be more questionable... Continue to read
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1 comment:

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