Semiconductor stocks' epic rally has room to run, if history is any guide

📆 13.11.2019 21:55:00
📰 CNBC

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Semiconductor stocks have gained more than 50% this year with AMD, Universal Display and Marvell Technology leading the rally. The chip sector's recent market history suggests the gains can continue.

The rally could still have room to run, if recent market history is any guide. Two weeks after similar gains in the Van Eck semiconductor ETF, the bullish trend tends to continue.

The ETF trades positively 83% of the time, while adding another 2%, according to a CNBC analysis of Kensho, a hedge fund trading tool. The top-performing semiconductor stocks are

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