Evercore ISI argued that the Nasdaq-100 focused exchange-traded fund, Invesco QQQ Trust (NASDAQ:QQQ), and popular chip focused ETF, VanEck Semiconductor ETF (NASDAQ:SMH), have more room to run as both are strongly supported by magnificent seven giant Nvidia (NASDAQ:NVDA).

Regarding QQQ, Evercore

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.