Paul Mampilly is a prominent investment expert. He has written many articles advising investors on the best strategies. In offered a definite recommendation for the investors. He informed them about the semiconductor industry which h stands as one of the most critical aspects of the microchip. There is a consistent increase for the need of advanced chips since there is always generation of information regarding chips.
As the S&P 500 hits a record and the Dow industrials comes very close to its all-time high, one market watcher has been tracking the bears vs. S&P battle. It’s been a lopsided affair — just take a look at this chart. https://t.co/Bi0zIk29Lh#SP500 #DowIndustrials #StockMarket pic.twitter.com/A6uVEY5VQR
— Paul Mampilly (@MampillyGuru) September 5, 2018
As blockchain technology continues to grow, the demand for semiconductors relatively increases. Blockchain technology advancement has never shown any signs of reducing. The web developer who specialises in blockchain technology experienced a growth of over 6000 percent on a prominent freelance gig site. The more he various companies discover the security advantages of blockchain technology, the more likely they get attracted towards implementing it. Internet of things is one of the main areas that require Blockchain technology. In the current world, data is always being transmitted through smart gadgets. The companies involved with storage or transmission of the enormous amount of data must ensure that there is maximum security of data.
VenEck Vectors Semiconductor ETF is one of the major companies that Paul Mampilly recommended. This company is categorised as SMH on the NYSE: SMH (New York Stock Exchange). The main reason as to why he chose this ETF is merely for the fact that it’s connected to some of the biggest global microchips marketers. The ETF grew by 90 percent after his recommendation. Paul Mampilly stated that it might rise even higher after a few months.
Paul Mampilly has incredible followers in every stock pick that he suggests. Even the newbies in the investment industry recognize him as one of the few individuals who invested in Amazon during its initialization. He invested in it since he discovered its capability based on its innovativeness regardless of the profit that it was making. In 2009, he emerged as the winner of the Templeton Foundation yearly award. He managed to invest 5o million US Dollars at the peak of the 2008 recession which grew to 88 million US Dollars after one year. This success made him a prime candidate for the 2009 Templeton Foundation award.
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