Growth stocks and related exchange traded funds got a leg up on the broader markets on Thursday after traders digested a steady U.S. jobs market and the potential for inflationary producer prices. Big technology stocks led the charge on Thursday as traders focused on areas that had missed out on the overall market pushing higher [...] Read more at ETFtrends.com.
Investors looking into the socially responsible theme can focus on ETF strategies that invest in companies aligned with investors’ investment and sustainability goals. “Sustainable investing has both investment and business merit,” Katherine Collins, Head of Sustainable Investing, Putnam Investments, said on the recent webcast, ESG Principles: How Sustainable Investing Is Changing the World. Collins also [...] Read more at ETFtrends.com.
Single-country opportunities can inject a healthy dose of diversification into a portfolio. Two funds to consider in today’s markets include the Global X FTSE Nordic Region ETF (GXF) and the Global X MSCI Argentina ETF (ARGT). Both funds were strong performers in the second quarter. “The Global X FTSE Nordic Region ETF (GXF) was the top performer [...] Read more at ETFtrends.com.
Hartford Funds announced the launch of its first ESG-focused exchange traded fund, HEET, yesterday. The fund will seek to achieve a better ESG profile compared to its benchmark, the Russell 1000 Index. HEET will be sub-advised by Schroder Investment Management North America Inc. and Schroder Investment Management North America Ltd. Ashley Lester, PhD, Head of [...] Read more at ETFtrends.com.
Healthy competition can be a good thing, and that also rings true amongst big tech firms—fuel for a trading opportunity in the Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL). The growing importance of cloud computing prowess is already sparking legal battles between two of the biggest and brightest in tech. “Microsoft has protested [...] Read more at ETFtrends.com.
The Vanguard Dividend Appreciation ETF (NYSEArca: VIG) and the Vanguard High Dividend Yield ETF (NYSEArca: VYM) are two of the largest dividend-oriented exchange traded funds, but they aren’t carbon copies of each other. For its part, VIG – largest dividend ETF trading in the U.S. – focuses on companies with dividend increase streaks of at [...] Read more at ETFtrends.com.
Cryptocurrency is in the spotlight again, and much of that has to do with the crypto compromise amendment being barred from the $1 trillion infrastructure package before Congress. While the compromise may have hurt Bitcoin on Monday, Tuesday brought better news for equities with crypto ties and members of the ARK Fintech Innovation ETF (NYSEARCA: [...] Read more at ETFtrends.com.
Interest rates are low and corporate profits and cash stockpiles are running high. Those are signs that dividend stocks are back in style. While S&P 500 payouts are slated to hit record highs this quarter and more growth is on the way thanks to rising earnings and strong balance sheets, that doesn’t mean any old [...] Read more at ETFtrends.com.
The long-term trend of more people working past the age of 65 may be over; that group’s labor participation rate sank to a seven-year low of 18.3% last month. The Baby Boomer retirement wave, sparked by Covid, rolls on. Another 248,000 Americans over the age of 65 left the labor force last month, according to [...] Read more at ETFtrends.com.
The midstream corner of the energy patch, which includes master limited partnerships (MLPs) and energy infrastructure names, often sports higher dividend yields than investors find with integrated oil and exploration and production equities. That implies impressive income propositions with exchange traded funds like the Alerian Energy Infrastructure ETF (ENFR) and the ALPS Alerian MLP ETF (NYSEArca: AMLP). [...] Read more at ETFtrends.com.
Value stocks ripped higher in the first half of the year before drifting lower in July as Treasury yields pulled back. Still, some market observers see long-term promise for the value factor, and that could be a sign the ALPS Sector Dividend Dogs ETF (SDOG) is worth a look. Even with some weakness last month, [...] Read more at ETFtrends.com.
The U.S. consumer price index rose only .5% in July, down from a .9% increase in June, easing tapering fears. Meanwhile, spot gold opened today at $1,751.27, having recorded its biggest one-day percentage gain since early May. Additional support for gold was provided by a dip in both the dollar and bond yields. For the [...] Read more at ETFtrends.com.
While a regulatory crackdown has pommeled Chinese internet stocks, China country-specific exchange traded funds that track areas outside of these online names have come through with flying colors. Over the past three months, the KraneShares Electric Vehicles and Future Mobility ETF (NYSE: KARS) has increased 22.2%, the KraneShares MSCI China Clean Technology Index ETF (KGRN) has advanced 25.6%, the KraneShares [...] Read more at ETFtrends.com.
In recent trading, shares of Martin Marietta Materials, Inc. (Symbol: MLM) have crossed above the average analyst 12-month target price of $383.40, changing hands for $390.42/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Ryman Hospitality Properties Inc (Symbol: RHP) have crossed above the average analyst 12-month target price of $79.67, changing hands for $79.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: d
Hartford Financial Services Group Inc. (Symbol: HIG) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as being recognized by prominent asset man
In recent trading, shares of Mohawk Industries, Inc. (Symbol: MHK) have crossed above the average analyst 12-month target price of $208.17, changing hands for $208.51/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
In recent trading, shares of Goldman Sachs Group Inc (Symbol: GS) have crossed above the average analyst 12-month target price of $410.13, changing hands for $413.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Ferrari NV (Symbol: RACE) have crossed above the average analyst 12-month target price of $223.67, changing hands for $224.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel