Semiconductor ETFs look well positioned for a rally. Investors can play these ETFs.

Wells Fargo analyst Gary Mobley on Monday reiterated his Overweight ratings for both Qorvo and Skyworks Solutions.

We have highlighted some investing ideas that could prove extremely beneficial for investors this year.

Intel smashed estimates on both earnings and revenues and offered an upbeat guidance.

Investor focus Wednesday will surround coronavirus developments, durable goods orders and Micron earnings.

These ETFs have emerged out as one of the top performers in the past decade.

One of those has been the semiconductor industry, which in China, forges on despite the rising number of coronavirus cases. “While most industries have shut down, necessities in the medical, food, and logistics industries have carried on working,” a Technode.com report noted. There couldn’t be more of a striking example as to how important the semiconductor industry is to the Chinese government.

As most companies in this space have seen no negative earnings estimate revisions and have a favorable Zacks Rank, semiconductor ETFs might continue to see smooth trading in the weeks ahead.

KLA has already included a 3% to 5% negative sales impact from the coronavirus in its March quarter guidance. A JPMorgan analyst is optimistic over how KLA is managing the virus outbreak’s impact on its supply chain.

Semiconductors power more devices and technology processes every day, finding uses in mobile phones, cars, military weapons, smart technology, and much more. Exchange-traded funds can provide investors with broad exposure to the semiconductor industry.

Semiconductor ETFs slumped Friday as the Trump administration stepped up its fight with China's Huawei Technologies. The largest such fund, the iShares PHLX Semiconductor ETF , was down 3.2% midday and on track for its biggest weekly loss since the week ending March 20, amid the worst of the pandemic market panic. The First Trust Nasdaq Semiconductor ETF was down 2.9%. A leveraged product, the Proshares Ultra Semiconductor fund, slid nearly 7%. As the pandemic hastens the global economy's reliance on technology, semiconductors are likely to be in heavy demand, but the ongoing trade skirmishes between the U.S. and China are drawing in companies other than Huawei, such as Taiwan Semiconductor. The company is in the top ten holdings for SOXX, but not FTXL.

All bets are off for 2020. We could talk about any number of potential growth catalysts or looming hurdles for the new year, but overshadowing them all is the chaos machine of the presidential election. The best ETFs to buy for 2020, as a result, are designed to take advantage of feasible political outcomes, calmly weather the storm or barrel forward regardless of what the new year brings.That's no prophecy of utter doom and gloom, mind you. Indeed, there are plenty of pockets of optimism to be found.2019's slowdown in worldwide economic growth might have kept stocks from roaring even louder than they did, but Morgan Stanley believes global GDP growth will rebound in 2020 - a potential driver for the market. FactSet, meanwhile, reports that the new year's estimated earnings growth rate for the S&P; 500 Index should come in at 9.6%, which is above the 10-year average. (Analysts are even more confident, looking for profit growth "just over 10%," according to Kiplinger's 2020 investing outlook.)That said, even the most hopeful of S&P; 500 targets for 2020 call for roughly 10%-11% returns - most are closer to the 5%-7% range, and a few are calling for flat performance or worse. So while you do want to anchor your portfolio with a few broad, go-anywhere funds, many of the best ETFs for the year ahead will have to attack specific slices of the market.Here are the 20 best ETFs to buy for 2020. This is an intentionally wide selection of ETFs that meet a number of different objectives. We don't suggest investors go out and stash each and every one of these funds in their portfolio; instead, read on and discover which well-built funds best match what you're trying to accomplish, from buy-and-hold income plays to high-risk, high-reward shots. SEE ALSO: The 30 Best Mutual Funds in 401(k) Retirement Plans

We have highlighted a pack of ETFs that are poised to outperform in 2020.

Keep your ears and eyes peeled in this upcoming earnings season for clues for who will be the winners and losers of the US-China Tech Race

For years, stock market analysts and investors have been saying that as goes the global economy, so goes the semiconductor industry. It should be no surprise, then, that as the coronavirus from China has brought the global economy to a screeching halt, semiconductor stocks have fallen off a cliff. The iShares PHLX Semiconductor ETF (NASDAQ:SOXX) is down 35% over the past month. Arguably the most well-known stock in that group -- Nvidia (NASDAQ:NVDA) stock -- has also shed 35% over the past month.Source: JHVEPhoto / Shutterstock.com The bleak reality is that COVID-19 is a big deal, and it's not going away anytime soon. It's here to stay for the next few weeks. So long as it sticks around, the global economy will be halted. So long as the global economy is halted, semiconductor demand will flat-line, and NVDA stock will remain weak.But, here's the silver lining: this too shall pass.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMy modeling suggests that "peak coronavirus" will hit globally around late April to early May, before the virus (and related consumer hysteria) fade thereafter.To be sure, we may not hit "peak coronavirus" until much later. Maybe not until the end of 2020. Still, the bigger picture idea is that regardless if it's two months or ten months, COVID-19 is a temporary headwind. When it does eventually and inevitably pass, the secular growth themes that made Nvidia one of the hottest stocks on the market over the past decade will emerge once again, and power the stock significantly higher. * 10 Stocks to Invest In for a Post-Coronavirus Whipsaw Wait for coronavirus clouds to clear. Buy the dip in NVDA stock once they do. Secular Growth Themes Will Re-EmergeAt present, all the market cares about is the coronavirus pandemic -- and with good reason.This pandemic has quite literally brought the global economy to a screeching halt. There really isn't anything to talk about besides COVID-19.This is not permanent. We know that the virus can be stopped with social distancing. We have seen "peak coronavirus" play out in South Korea and China, where the spread of the virus is rapidly approaching near-zero (and, in China's case, actually hit zero in terms of local infections). And, we know that once we do hit near-zero new cases, life can get back to normal. Just look at China, a country where daily life is gradually returning to normal.Broadly, we know that this too shall pass. Probably within a few months. Certainly by the end of the year.When it does, the secular growth themes that made Nvidia a winner will re-emerge.I'm talking 5G. I'm talking cloud data centers, self-driving and automation. Enterprises will re-accelerate investment into all of these categories once the coronavirus storm blows over, because they are mega-trends that represent the future of our economy and society. If companies don't re-accelerate investment into these things, then they risk being left behind.As such, once the virus is fully contained, demand for Nvidia's chips will rebound in a big way, and stay vigorous for the next five-plus years. Nvidia Has Compelling Long-Term UpsideIf you do the math on Nvidia stock, then it's clear to see that there is huge upside potential from here over the next few years.Global semiconductor revenues have grown at a mid-single-digit compounded annual growth rate for the past two decades. Nvidia is a share gainer in that market, thanks to its robust product portfolio tailored to the market's highest growth segments (AI, data-centers, self-driving, automation, etc.).The company reasonably projects as a 10%-plus revenue grower over the next five years. Steady demand will allow for gross margin expansion, while double-digit revenue growth should drive positive operating leverage. You're talking about a 10%-plus revenue grower with healthy upside margin drivers. That implies 20%-plus annual profit growth potential here.Assuming so, Nvidia could easily reach around $16 in earnings per share by fiscal 2025. Based on a 20-times forward earnings multiple -- which is the medium-term average multiple for tech stocks -- that implies a 2024 price target of $320.That's 60% above where shares trade hands today. Bottom Line on NVDA StockNvidia is a long-term winner. But it likely won't get back to its winning ways until the coronavirus storm clears up. As such, the investment thesis is simple. Sit and wait for things on the coronavirus front to get better. Buy the dip in NVDA stock once they do.Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been recognized as one of the best stock pickers in the world by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm.  As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 of the Best Long-Term Stocks to Buy in a Bear Market * 7 "Perfect 10" Healthcare Stocks to Buy Now * Where the FANG Stocks Sit in This Wild Market The post Wait for Coronavirus Clouds to Clear Before Buying Nvidia Stock appeared first on InvestorPlace.

Stocks everywhere are getting roiled by rising concerns that the coronavirus from China is quickly turning into a global pandemic. Semiconductor stocks are getting hit twice as hard. And Micron (NASDAQ:MU) stock is getting hit three times as hard.Source: madamF / Shutterstock.com In February, the S&P 500 has fallen 8% off its highs, the iShares PHLX Semiconductor ETF (NASDAQ:SOXX) has dropped 11%, and shares in the memory chip maker have shed 13%.Investors shouldn't expect things to change anytime soon.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe coronavirus remains a highly volatile and unpredictable situation. Of course, it will inevitably pass one day. But, it will do a lot of damage in the meantime, especially in Asia.Micron has a ton of exposure to Asia, from both a supply and a demand perspective. The company's revenue and profit trends -- which were supposed to rebound in 2020 -- will likely remain depressed for at least this current, if not next quarter, too.So long as those numbers remain depressed, Micron stock will have a tough time bouncing back. Challenging Times for MicronThese are challenging times for Micron. * 10 Stocks to Buy for Your 10-Year-Old Micron is a big player in the DRAM world, deriving about 70% of its revenue from its DRAM business. It's no secret that most of the world's DRAM supply comes from South Korea. Outside of China and next to Iran, South Korea has been one of the countries hardest hit by the coronavirus. Factories in that country have been largely shut down. So, there already are and will continue to be some serious supply chain disruptions in Micron's most important market.At the same time, Micron has a ton of demand exposure to Asia. China accounted for about 15% of Micron's revenues last year. Hong Kong and Taiwan combined to account for 18% of revenue. All together, the Asia Pacific region accounted for over 40% of revenue.A big portion of that market has come to a standstill amid the virus outbreak. Demand for things like memory chips has similarly fallen off a cliff. At least, personal computing giants Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) have said as much, with both of them cutting this quarter's revenue guide amid depressed Asia Pacific demand.With supply and demand trends set to deteriorate for the foreseeable future, Micron's revenue and profit trends will remain weak for the foreseeable future, too. Ultimately, that will weigh on the stock. Things Will Get Worse, Before They Get BetterBefore the coronavirus outbreak, the core fundamentals in the company's DRAM and NAND markets were improving, buoyed by rebounding demand.But, now everything has changed. Rebounding demand, is falling demand. Rising revenues, are falling revenues. Expanding margins, are compressing margins. Strength in MU stock, has become weakness in the stock.To be sure, the outbreak will pass. Pent-up consumer demand and additional fiscal stimulus will drive a v-shaped recovery in Asia's memory chip market. Micron stock will bounce back.But, that's all a few weeks -- if not a few months -- away.So there's no rush to buy this dip. Instead, watch the technical levels and follow the headlines. Once the stock shows support at critical technical levels and the coronavirus headlines start to improve, buy the dip.Until then, watch things play out from the sidelines. Bottom Line on MU StockMicron stock is a tough buy amid the coronavirus outbreak. Things here will eventually get better. But, they will probably get worse first. So, stay on the sidelines, and wait for things to get better before buying this dip.Luke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been rated one of the world's top stock pickers by TipRanks, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Your 10-Year-Old * 5 Hot Cannabis Stocks to Snap Up * Buy These 5 Super Fast-Growth Dividend Stocks While They Are Down The post Micron Stock Is a Tough Buy Amid Coronavirus Concerns appeared first on InvestorPlace.

We take a look at the best performing areas of the decade

Over the last four years, Advanced Micro Devices (NASDAQ:AMD) has been one of the most explosive stocks on the market. In that time, AMD stock has risen from just above $2 to $51, outperforming markets and major competitors.Source: Grzegorz Czapski / Shutterstock.com It was even the top S&P 500 stock of 2019, all as it chipped away at Intel's (NASDAQ:INTC) market dominance.Year-over-year, shares of AMD are now up 158%, as compared to Intel's gain of just 44%. Furthermore, AMD even outperformed the iShares PHLX Semiconductor ETF (NASDAQ:SOXX), which is up 64% YOY, as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe first time I weighed in on AMD stock, it traded at $28.90. With it now up to $51 per share, I'm still very bullish with sights set on $70 this year. All as the company continues to chip away at market share from some of the biggest names in the sector, including Intel and NVIDIA (NASDAQ:NVDA). AMD Is Crushing Its CompetitionAMD could have another explosive year, especially as it gains market share from Intel. * Invest in America's Most Trusted Brands With These 7 Stocks to Buy At the moment, Intel has yet to fully ease its processor shortages, which is causing notebook vendors to look to more of its competitions in 2020.Furthermore, AMD may also challenge NVDA dominance in 2020, as well with its "NVIDIA Killer."The company is reportedly developing an advanced high-performance graphics card to challenge NVDA in the high-end GPU market. AMD's expanding GPU portfolio serving every price point is a threat to NVIDIA's dominance.According third-quarter 2019 JPR data, "AMD's market share in discrete GPU shipments came in at 27.08%, up from 25.72% in third-quarter 2018. NVIDIA's market share declined to 72.92% from 74.28% in the same period," as highlighted by Zacks Equity Research.Additionally, another big story for AMD in 2020 are new gaming consoles.New 2020 gaming consoles from Microsoft (NASDAQ:MSFT) and Sony Corporation (NYSE:SNE) due to be launched this year use AMD chips. That alone offers AMD a powerful catalyst. Analysts Still Love the StockWhile nervous on valuation, Cowen analyst Matthew Ramsay reiterated his "outperform" rating on the stock by raising his price target from $47 to $60."With shares up 65% since our last preview, we are increasingly both confident (in fundamentals) and nervous (on valuation)," he wrote. "AMD has now showcased a track record of consistent roadmap execution and stability while offering premier technological specs and TCO [total cost of ownership] to customers seeking a viable x86 alternative to Intel."The analyst also said AMD could generate strong growth with laptops in the future. Also, he added that notebook chip sales will rise to $2.15 billion by 2021 from $1.45 billion in 2019.Additonally, Deutsche Bank analyst Ross Seymore has a "hold" rating on AMD, but raised the price target on AMD from $29 to $40. "We fully expect AMD's strong product/strategic execution to continue in 2020 and 2021," he wrote.Furthermore, Wells Fargo analyst Aaron Rakers also increased his price target to $40 to $48 on gains in the server market."We continue to see AMD's wins in [High Performance Computing] / supercomputing as increasing validation of the company's strong competitive positioning in datacenter CPUs…thus remaining supportive of our positive upside thesis," he wrote. The Bottom Line on AMD StockWith sufficient growth and ability to reduce competitors' market share, there's plenty to like about AMD stock in 2020.While valuation is concerning, I still strongly believe AMD could rally to $70 per share. We'll know more about that potential when the company posts earnings on Jan. 28 after the closing bell, but for now, AMD is a stock to buy.As of this writing, Ian Cooper did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post AMD Stock Could Run 40% Higher Closer to $70 in 2020 appeared first on InvestorPlace.

Dallas-based Texas Instruments (NASDAQ:TXN) is expected to release earnings on April 21. Year-to-date, TXN stock is down nearly 13%. In comparison, the widely-followed PHLX Semiconductor Sector Index is down 8%.Source: Katherine Welles / Shutterstock.com Given the volatility in the markets, is TXN stock a buy, hold, or sell right now? If you are not yet a shareholder you may want to analyze the group's Q1 earnings before committing new capital into the company.Long-term investors with a 2-3 year horizon may also consider investing in TXN stock, especially if the price falls toward $100 level. Let's see why.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Texas Instruments and the PandemicThe group engineers, manufactures, tests, and sells analog and embedded semiconductor chips. It serves around 100,000 global customers with more 80,000 products. In its 14 manufacturing sites worldwide, it produces tens of billions of chips each year. * 9 Asian Stocks to Buy for a Post-Coronavirus Recovery As global governments try to contain the novel coronavirus outbreak, considerable disruptions to corporate and personal lives have occurred.Texas Instruments has announced several updates as well as steps management has taken to navigate the choppy waters ahead better. A recent press release said "we began experiencing disruptions to our operations in Malaysia and the Philippines. We have been approved to operate at significantly reduced levels in these two countries."The group is also monitoring product demand for next several years. As the pandemic is still a highly dynamic situation, management is likely to provide further updates in the coming weeks.When we analyze semiconductor stocks, it would be important to discuss China, too. China means both demand and supply for chip stocks. The country consumes more than 50% of all semiconductors made worldwide. Furthermore, many technology companies either have manufacturing plants in China or use Chinese companies in their supply chains. On April 16, China announced that in Q1 its economy contracted for the first time on record. Its gross domestic product (GDP) fell 6.8% YoY. In the fourth quarter of 2019, the country had grown 6%.Many analysts regard Texas Instruments as a bellwether for semiconductor companies. At the height of the U.S.-China trade wars in 2018 and 2019, Texas Instruments was one of the first companies to warn about the effects of the tensions on its earnings. Therefore, a contracting Chinese or possibly global economy may have adverse effects on the group's revenue and business outlook for the rest of the year. What to Expect from Q1 EarningsOn April 21, management's discussion of business conditions in these unprecedented times will be as important as the actual numbers.When it released Q4 earnings in January, investors raised eyebrows. It reported revenue of $3.35 billion, net income of $1.07 billion, and earnings per share of $1.12. The Dallas-based producer of chips saw quarterly revenue drop by 10% YoY. In Q3, there had been a similar decline as well. The company reports revenue in three segments: * Analog (includes Power, Signal Chain and High Volume) -- contributes about 75% of revenue * Embedded Processing (includes Connected Microcontrollers and Processors) -- contributes about 19% of revenue * Other (includes DLP® products, calculators and custom ASIC products) -- contributes about 6% of revenueThe Street will pay attention to any changes in the revenue in each segment, paying special attention to Analog.Investors may also want to know how different industries contribute to revenue: * Industrial sector: 35% * Personal electronics: 23% * Automotive industry: 22%Therefore, if we were to face a global recession, revenue may also be affected, based on the difficulty faced by each sector individually. Personal electronics and automotive sectors would likely be adversely affected in such an economic scenario.Although the upcoming report may show short-term headwinds, it would be important to remember that its balance sheet is robust. Strong cash flow streams also mean regular dividends for long-term shareholders. The dividend yield currently stands at 3.2%. Investors love dividends, especially from tech companies.Recent weeks have seen investors react to the COVID-19 pandemic almost on a daily basis. Stocks like TXN have had a range of ups and downs. Its 52-week range has been $135.70 (Jan. 22, 2020) - $93.08 (March 16, 2020).Now shares are hovering around $115. I believe the next price move will in part depend on the upcoming quarterly metrics. The Bottom Line on TXN StockAnother earnings season is here. As investors and citizens we hope for the best. But it is also important to remain realistic. Given the question marks surrounding the effects of the pandemic on the economy, many stocks are likely to remain volatile in the coming weeks. They may also give some of the recent gains that came after the oversold levels we witnessed earlier in March. A couple of negative health, macroeconomic or global news headlines may drive many shares down. Thus, TXN stock might also decline, providing long-term investors with a better entry point.Finally, if you'd still like to have exposure to TXN stock but don't want to have the full volatility that may come with it, you may instead consider investing in an exchange-traded fund (ETF). Examples of such ETFs include the iShares PHLX Semiconductor ETF (NASDAQ:SOXX), the Market Vectors Semiconductor ETF (NYSEARCA:SMH) or the the First Trust NASDAQ Technology Dividend ETF (NYSEARCA:TDIV).Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation. As of this writing, she did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Texas Instruments Q1 Earnings: Should You Buy TXN Stock Now? appeared first on InvestorPlace.

: Inside the key economic and corporate events of the fourth quarter of 2019 that ruled the ETF world.