Howard Lindzon: SMH up 170 percent in 12 months with no tax losses harvested

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SMH gains 170 percent over 12 months

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Iryna Sazhynska

06.05.2026

Howard Lindzon: SMH up 170 percent in 12 months with no tax losses harvested — SMH gains 170 percent over 12 months

Howard Lindzon, industry influencer, observed that SMH has surged 170 percent in the last 12 months with no tax losses harvested.

Lindzon suggested it may be time to consider selling some shares after such significant gains.

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Lindzon previously highlighted the Nasdaq 100's strongest monthly performance since April 2020. He has also discussed his early 2014 investment in Robinhood, emphasizing the key role of fractional share trading in attracting new market participants. These observations come as he now weighs the implications of SMH's recent rally.

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