Nasdaq ETFs

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

In recent trading, shares of Charles River Laboratories International Inc. (Symbol: CRL) have crossed above the average analyst 12-month target price of $366.11, changing hands for $366.95/share. When a stock reaches the target an analyst has set, the analyst logically has two w

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

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

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

The Euro zone business activity has expanded at its quickest clip in 15 years in June, according to preliminary data released recently, as quoted on CNBC. The 19 economies have recently resorted to various steps to reopen as the vaccination programs pick up. More tourists

The latest existing home sales data looks disappointing again. Per the National Association of Realtors (NAR) report, there was a 0.9% month-over-month drop in existing homes sales to a seasonally-adjusted annual rate of 5.80 million units in May. This marked the fourth

Autonomous technologies and robotics are revolutionizing the future. ARK believes that in the not-too-distant future, drones will deliver our packages, food, and even people quicker and more conveniently than ever before. The firm also predicts that autonomous ride-hailing will reduce the cost of mobility, spurring widespread adoption. Finally, ARK believes 3D printing will revolutionize manufacturing [...] Read more at ETFtrends.com.

The technology sector is pushing toward renewable energy as many companies secure sustainable electricity deals to power large data centers. For example, Amazon plans to purchase 1.5 gigawatts of production capacity from 14 new solar and wind plants around the world as the e-commerce giant tries to acquire enough renewable energy to cover all of [...] Read more at ETFtrends.com.

Last week, the Federal Open Market Committee (FOMC) threw market participants for a loop as the dot plot indicated that the Federal Reserve’s next interest rate hike could arrive in late 2023. Previously, expectations were in place for an early 2024 rate increase. FOMC members also raised the subject of when the central bank will [...] Read more at ETFtrends.com.

Growth stocks and related exchange traded funds pushed higher Wednesday after new data revealed that U.S. factory activity is at record highs. Data firm IHS Markit said its U.S. Manufacturing Purchasing Managers’ Index was at 62.6 in June, as compared to estimates of 61.5, but that manufacturers are still struggling to secure raw materials and [...] Read more at ETFtrends.com.

The financial sector still has room to run, and could be on the cusp of a decade of outperformance, offering exchange traded fund investors a potentially massive growth opportunity ahead. In the recent webcast, Mispriced Markets? Long-Term Opportunity in Financials, Chris Davis, Portfolio Manager and Chairman, Davis Advisors, explained that Davis Advisors’ management style primarily [...] Read more at ETFtrends.com.

The financial services industry is known for being monochromatic. 

Online shopping is no longer a niche component of the retail sector, and traders can keep playing its growth with leveraged funds such as the Direxion Daily Retail Bull 3X ETF (RETL). The pandemic only accelerated that growth, especially within the past year. Social distancing measures have pushed previously hesitant shoppers into adopting online retail. [...] Read more at ETFtrends.com.

Even though the Federal Reserve isn’t looking to raise interest rates until 2023, commodities can still provide a portfolio with asset diversification with funds like the Invesco DB Commodity Index Tracking Fund (DBC). The fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Diversified Commodity Index Excess [...] Read more at ETFtrends.com.

Wall Street witnessed strength in all the broad indexes on Jun 22. The tech-heavy Nasdaq Composite surged to an all-time high and rose 0.8% while hitting a fresh intraday record on the same day. Also, the S&P 500 and the Dow Jones Industrial Average climbed 0.5% and 0

On Wednesday, Janus Henderson Group (NYSE/ASX: JHG), a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, announced the launch of the Janus Henderson U.S. Real Estate ETF (JRE). Managed by Portfolio Managers Greg Kuhl, CFA, and Danny Greenberger, the fund seeks to provide [...] Read more at ETFtrends.com.

Reminding investors that oil services equities are among the names most correlated to crude prices, the VanEck Vectors Oil Services ETF (NYSEArca: OIH) is higher by nearly 49% year-to-date. With oil demand rebounding and Bank of America forecasting that crude could reach $100 per barrel next year, OIH may have more gas left in its [...] Read more at ETFtrends.com.

On Wednesday, Robinson Capital Management, LLC, an independent investment advisor specializing in alternative fixed income strategies, announced the launch of the Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX). The ETF is actively managed and is the first exchange traded fund to invest primarily in pre-merger SPACs. The SPAX portfolio management team, which has extensive fixed income experience [...] Read more at ETFtrends.com.

Experienced investors know the real estate sector is broad, encompassing a wide variety of different property types. They also know that real estate investment trusts (REITs) in one industry don’t necessarily perform in lockstep with counterparts the other groups. While broad index and exchange traded funds often do the trick when it comes to diversified [...] Read more at ETFtrends.com.