Nasdaq ETFs

In recent trading, shares of Penske Automotive Group Inc (Symbol: PAG) have crossed above the average analyst 12-month target price of $92.00, changing hands for $92.07/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr

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 L Brands, Inc (Symbol: LB) have crossed above the average analyst 12-month target price of $68.56, changing hands for $69.23/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio

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 Southwest Airlines Co (Symbol: LUV) have crossed above the average analyst 12-month target price of $60.18, changing hands for $62.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

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 Vail Resorts Inc (Symbol: MTN) have crossed above the average analyst 12-month target price of $321.22, changing hands for $323.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va

In recent trading, shares of Cabot Corp. (Symbol: CBT) have crossed above the average analyst 12-month target price of $61.60, changing hands for $62.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation

In recent trading, shares of Chart Industries Inc (Symbol: GTLS) have crossed above the average analyst 12-month target price of $146.62, changing hands for $151.12/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 Apartment Income REIT Corp (Symbol: AIRC) have crossed above the average analyst 12-month target price of $44.38, changing hands for $44.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr

In recent trading, shares of JPMorgan Chase & Co (Symbol: JPM) have crossed above the average analyst 12-month target price of $163.73, changing hands for $164.01/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 Shift4 Payments Inc (Symbol: FOUR) have crossed above the average analyst 12-month target price of $78.71, changing hands for $82.79/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 Magnolia Oil & Gas Corp (Symbol: MGY) have crossed above the average analyst 12-month target price of $12.00, changing hands for $12.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr

Rising commodity prices could bolster resource-rich economies and related country-specific exchange traded funds. For instance, prices on iron ore and copper have hit record highs last week after global governments deployed trillions of dollars in stimulus spending that has propped up demand for raw materials to rebuild their economies, the Wall Street Journal reports. Exporters [...] Read more at ETFtrends.com.

By Jeff Weniger, CFA, Head of Equity Strategy GameStop may be out of the news cycle, but it is not out of portfolios. The stock was on offer for as little as $3.85 per share last July, before Reddit’s “Wall Street Bets” message board got its hands on the heavily shorted stock, creating a squeeze [...] Read more at ETFtrends.com.

By Jim Colby, Portfolio Manager and Strategist, Municipal Bonds No, your eyes do not deceive you. Municipal bonds have not only recovered, posting positive returns in Q4 of 2020, but they have also continued to generate positive returns through the first four months of this year. We always look to fundamentals to explain the behavior [...] Read more at ETFtrends.com.

And just like that, Elon Musk has turned on Bitcoin. In a tweet on Wednesday, the self-proclaimed “Technoking of Tesla” said his company—which announced in February that it bought $1.5 billion in Bitcoin—would be suspending vehicle purchases using the cryptocurrency. Musk cited crypto miners’ “increasing” use of fossil fuels, particularly coal, “which has the worst emissions [...] Read more at ETFtrends.com.

The industrial sector, which faced disruption in global supply chains and factory closedowns, is expected to rebound on recovery from the coronavirus-led slump. The introduction of a coronavirus vaccine and addition of stimulus are expected to drive demand and economic activities

By Patrick Watson I have a childhood memory of Sesame Street’s little song, “One of these things is not like the other.” It was a useful lesson: Some things just don’t fit, and you can’t force them. For instance, today we have conflicting narratives on the US jobs situation. Official data says millions are unemployed and seeking [...] Read more at ETFtrends.com.

By Joe Foster, Portfolio Manager, Gold Strategy Gold Shifts on Yields, Miners Follow Gold’s response to changes in U.S. Treasury yields persisted through April, as prices trended to a monthly high of $1,798 per ounce on the 22nd while, at the same time, 10-Year yields fell to a monthly low of 1.53%. To end the month, [...] Read more at ETFtrends.com.