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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Bullboard Posts
Post by blackwood2002on Jul 27, 2015 10:53pm
149 Views
Post# 23965628

Semiconductor industry

Semiconductor industrySeems to be a lot of negative comments surrounding this topic. First off the semi industry forecasted double digit growth over the next two years. Secondly, our products are own installed in machinery for factories/ foundries  for new plants and retooled ones. All of the chip makers are building new modern plants to compete with new technological advances in chip designs. Current sales are not really relevant . Thirdly, cap ex by these companies is expanding not contracting. Fourthly, IOT is providing a start to a huge boost in manufacturing to supply chips for all these new applications which is barley started. Fith, WTO just lifted about 1t in tariffs on the tech space which will lower prices and increase revenue to said companies. Sixth, our back log at 6. Which is 138% above last years wtr at the same time! Regardless of the srong growth, balance sheet etc. at current pace we should hit 27mm in revenue this year, get eps of .08 and have a 6.88mm deferred tax deduction carting forward! Can't see much negative ! Oh forget about the new oil and gas tech ! 
Bullboard Posts