In recent trading, shares of AGCO Corp. (Symbol: AGCO) have crossed above the average analyst 12-month target price of $147.62, changing hands for $150.53/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
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
In recent trading, shares of Asbury Automotive Group Inc (Symbol: ABG) have crossed above the average analyst 12-month target price of $201.12, changing hands for $202.22/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
NextEra Energy Inc (Symbol: NEE) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $19.44B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.01% yield, according to the most recent Dividend Channel ''Divi
Five Vanguard bond funds have enjoyed significant 2021 inflows. The five funds give fixed income investors a smorgasbord of options, including exposure to aggregate bonds, international fare, and the short side of the yield curve. U.S. and International Exposure To get complete bond exposure domestically, investors can opt for the Vanguard Total Bond Market Index [...] Read more at ETFtrends.com.
Lumber prices continue to climb, bolstering sawmill owners and timber sector-related exchange traded funds. Year-to-date, the iShares Global Timber & Forestry ETF (WOOD) has increased 15.3%, while the Invesco MSCI Global Timber ETF (CUT) has gained 13.8%. While wood prices grew into record territory last week, sawmill owners in the timber industry like Weyerhaeuser Co. and Canfor [...] Read more at ETFtrends.com.
With the enthusiasm for stocks quite high, the question becomes whether the market rally will continue or if there are risks ahead that could take from profits. ETF Trends’ CEO, Tom Lydon, and Greg Branch, Veritas Financial founder and managing partner, joined CNBC’s “Power Lunch” to discuss the risks they see to the market rally. [...] Read more at ETFtrends.com.
Investors saw a decent Wall Street performance in April. The S&P 500 index saw its third consecutive month of gains last month, rising more than 5%. The other two broader indices like the Dow Jones Industrial Average and Nasdaq Composite were up 2.7% and 5.4%, respectively, i
Investors are facing new challenges as they try to predict how to best position their equity portfolios for what lies ahead. While significant risks loom large on the horizon and threaten to derail the post-Covid recovery, equity factors can be an ideal tool to adjust for different macroeconomic conditions. In the upcoming webcast, Factor Fundamentals [...] Read more at ETFtrends.com.
Eight years ago, the first Bitcoin ETF application was filed. Then rejected. Then filed for again. Then rejected again. Over the years, many, many proposals have crossed the SEC’s desk—at least twelve, by our count, and the regulator hasn’t approved any of them. But this is the year, say the forever-optimists. 2021 is the year [...] Read more at ETFtrends.com.
Silver exchange traded funds could continue to outperform their gold counterparts as improving industrial demand helps support the rally. Among the best performing non-leveraged ETFs of Monday, the ETFMG Junior Silver Miners ETF (NYSEArca: SILJ) advanced 5.7% and the Global X Silvers Miners ETF (NYSEArca: SIL) rose 4.4%. Meanwhile, the Aberdeen Standard Physical Silver Shares ETF [...] Read more at ETFtrends.com.
Right now, China is the dominant player in rare earth metals. ETF investors can play this strength with the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). “They (rare earth metals) are so special because they have chemical and physical properties that are very useful for a very wide range of technologies,” explained Rebecca Abergel, assistant [...] Read more at ETFtrends.com.
While the U.S. economy may be humming along, future market uncertainty is always a wild card. Investors can get some added volatility protection with large cap ETFs. Despite the recent strength in small and mid caps, large caps can help mute the volatility when markets start to slide. Their reduced sensitivity to the markets relative [...] Read more at ETFtrends.com.
With ETFs and inflows having done incredibly well as of late, it’s important to look at the possibility of inflation. ETF Trends CIO and Director of Research Dave Nadig joined host Nicole Petallides on TD Ameritrade Network to break down the latest trends in ESG ETFs and shed some light on the current state of [...] Read more at ETFtrends.com.
Silver futures and ETFs are making considerable gains on the first day of the new trading month, despite predictions from World Bank for lower gold prices in 2021 and 2022. In its April commodity report, the international financial institution said that it expects gold prices to average this year around $1,700 an ounce, and that the [...] Read more at ETFtrends.com.
Wall Street was muted last week with the S&P 500 gaining 0.02% but the Dow Jones (down 0.5%), the Nasdaq Composite (down 0.4%) and the Russell 2000 (down 0.2%) showing a downtrend. President Biden is reportedly on the way to hike the capital gain tax rate in the near term.
As the bond markets strengthen, investors can consider a fixed income exchange traded fund strategy to prop up their core. The bond markets advanced after the Federal Reserve offered an optimistic outlook on the economic recovery and offered no signs of changes to its monetary policy at the end of its latest meeting, the Financial [...] Read more at ETFtrends.com.
Encouraging economic data and news of another government spending plan, have bolstered ETFs with greater weight in economically sensitive sectors. The U.S. economic expansion accelerated in the first quarter after massive government aid to households and businesses. A labor market report revealed 553,000 people filed for unemployment benefits two weeks ago, compared to 566,000 in [...] Read more at ETFtrends.com.
On Monday, Rosemont, IL-based asset manager TrueMark Investments launched the TrueShares Structured Outcome (May) ETF (MAYZ), the eleventh ETF in the True-Shares structured outcome product suite. MAYZ is sub-advised by SpiderRock Advisors, a Chicago-based asset management firm specializing in option overlay strategies. The fund seeks to provide investors with structured outcome exposure to the S&P [...] Read more at ETFtrends.com.