USD: An ETF For Investors To Double Down On Semiconductor Growth In 2024 And Beyond

sefa ozel Investment Thesis ProShares Ultra Semiconductors ETF (NYSEARCA:USD) warrants a buy rating to take advantage of expected semiconductor industry growth in 2024 and over the next decade. While late 2022 saw a decline in the semiconductor industry, 2024 is expected to see a solid rebound. Although multiple semiconductor ETFs exist, USD utilizes derivative contracts to outperform the daily performance of the semiconductor industry. Therefore, investors seeking increased returns from the semiconduct ...