3 ‘Strong Buy’ Technology ETFs That Could Surge More Than 20%

Here are three technology ETFs with a “Strong Buy” consensus rating that have attractive upside potential, according to Wall Street analysts’ outlook on their holdings: Strive U.S. Semiconductor ETF (SHOC), SPDR NYSE Technology ETF (XNTK), and Vanguard Mega Cap Growth ETF (MGK).

Using TipRanks’ ETF Comparison Tool, let’s see how these ETFs stack against each other.

Strive U.S. Semiconductor ETF (SHOC)

The SHOC ETF tracks the Bloomberg U.S. Listed Semiconductors Select Total Return Index and provides exposure to U.S.-listed semiconductor stocks. It has risen about 78% year-to-date, as semiconductor stocks are benefiting from robust AI-driven demand.

According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, SHOC earns a Strong Buy rating. The average price target of $138.37 for the SHOC ETF suggests about 27% upside potential.