Nasdaq ETFs

In recent trading, shares of Office Properties Income Trust (Symbol: OPI) have crossed above the average analyst 12-month target price of $28.00, changing hands for $28.17/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow

In recent trading, shares of Yum! Brands Inc (Symbol: YUM) have crossed above the average analyst 12-month target price of $119.54, changing hands for $119.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val

In recent trading, shares of Sun Communities Inc (Symbol: SUI) have crossed above the average analyst 12-month target price of $165.40, changing hands for $166.45/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

In recent trading, shares of Progressive Corp. (Symbol: PGR) have crossed above the average analyst 12-month target price of $101.55, changing hands for $102.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

In recent trading, shares of Live Nation Entertainment Inc (Symbol: LYV) have crossed above the average analyst 12-month target price of $87.50, changing hands for $88.37/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down

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

To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —

In recent trading, shares of Elanco Animal Health Inc (Symbol: ELAN) have crossed above the average analyst 12-month target price of $35.62, changing hands for $35.69/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 Freeport-McMoRan Inc (Symbol: FCX) have crossed above the average analyst 12-month target price of $40.83, changing hands for $41.22/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

In recent trading, shares of Epam Systems, Inc. (Symbol: EPAM) have crossed above the average analyst 12-month target price of $463.58, changing hands for $472.26/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

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

Expanding it suite of ETF products, ProShares recently launched the ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA). The timing of the launch can turn out to be beneficial for the firm given the optimism surrounding the U.S. economic recovery from the pandemic-led slump.

On Thursday, ProShares, a premier provider of ETFs, launched the ProShares Nasdaq-100 Dorsey Wright Momentum ETF (Nasdaq: QQQA). QQQA is the first ETF focusing on select Nasdaq-100 stocks identified as having the greatest potential to outperform. The ETF follows the Nasdaq-100 Dorsey Wright Momentum Index and relies on the expertise of Dorsey, Wright & Associates [...] Read more at ETFtrends.com.

The latest data highlights the growing struggle of homebuilders with respect to soaring softwood lumber prices and other material and labor costs which continue to dampen the prospects of the sector. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban

Last week, the number of US jobless claims fell to 440,000, the lowest number since the COVID-19 pandemic began last March, the Department of Labor reported. The number of weekly claims has continued to fall all year, an encouraging sign that the job market continues to improve, spurred by the continuing vaccination rollout and the [...] Read more at ETFtrends.com.

Semiconductors are in the spotlight like never before this year. A global chip shortage is pinching an array of industries, from automobile manufacturers to smartphone producers. Even with the supply shortfall, the Invesco Dynamic Semiconductors ETF (PSI) is higher by 7% year-to-date. PSI follows the Dynamic Semiconductor Intellidex Index, which is based on the price [...] Read more at ETFtrends.com.

U.S. stocks continued to gain on Thursday, with the growth style taking charge, as the labor market showed improvement. Updated government data revealed 444,000 Americans applied for first-time unemployment benefits for the week ended May 15, compared to 478,000 in the week prior, the Wall Street Journal reports. It was the lowest level since the [...] Read more at ETFtrends.com.

ETF Trends CEO Tom Lydon discussed the ASYMshares ASYMmetric 500 ETF (ASPY) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. ASPY is a passively managed, rules-based alternative strategy to hedging US large cap equities. The fund targets between -25% and 75% net long equity exposure based on market risk. [...] Read more at ETFtrends.com.

Many investors may think of direct sector participation as the antithesis of diversification. After all, a dedicated sector exchange traded fund, such as the Invesco DWA Utilities Momentum Portfolio (NASDAQ: PUI) only features stocks from the underlying sector. However, at a time when elevated correlations are increasingly prominent, sector exposure in concert with broad market exposure [...] Read more at ETFtrends.com.

There’s budding enthusiasm for European equities as some high-level investors believe the continent could be one of the best-performing regions this year. However, investors have heard this story before, only to be left disappointed. For those thinking this year will be different – and there’s some evidence suggesting it will be – the FlexShares Developed [...] Read more at ETFtrends.com.