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 Dick's Sporting Goods, Inc (Symbol: DKS) have crossed above the average analyst 12-month target price of $74.21, changing hands for $75.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of Allison Transmission Holdings Inc (Symbol: ALSN) have crossed above the average analyst 12-month target price of $42.00, changing hands for $42.56/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of AGCO Corp. (Symbol: AGCO) have crossed above the average analyst 12-month target price of $137.54, changing hands for $138.46/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Arcosa Inc (Symbol: ACA) have crossed above the average analyst 12-month target price of $65.50, changing hands for $66.37/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 Camden Property Trust (Symbol: CPT) have crossed above the average analyst 12-month target price of $105.33, changing hands for $106.61/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 Jacobs Engineering Group, Inc. (Symbol: J) have crossed above the average analyst 12-month target price of $126.33, changing hands for $126.46/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 Vail Resorts Inc (Symbol: MTN) have crossed above the average analyst 12-month target price of $307.67, changing hands for $315.00/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 Mid-America Apartment Communities Inc (Symbol: MAA) have crossed above the average analyst 12-month target price of $137.00, changing hands for $141.78/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to r
In recent trading, shares of Sysco Corp (Symbol: SYY) have crossed above the average analyst 12-month target price of $82.00, changing hands for $83.40/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 Pembina Pipeline Corp (Symbol: PBA) have crossed above the average analyst 12-month target price of $30.54, changing hands for $30.68/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 Corning Inc (Symbol: GLW) have crossed above the average analyst 12-month target price of $40.50, changing hands for $40.75/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
Sustainable investments are not just picking up momentum in the United States. In the Asia-Pacific region, institutional investors raised allocations toward environmental, social, and governance investments during the pandemic last year as well. The global pandemic has helped raise ESG awareness, highlighting how catastrophic events like climate change can impact investment returns, CNBC reports. According [...] Read more at ETFtrends.com.
By Paul Wong, CFA, Market Strategist, Sprott Gold bullion[1] is down 8.66% YTD through February 28, 2020, but is up 9.36% YOY. Gold mining equities[3] have fallen 16.78% YTD but have increased 11.37% YOY. Silver[2] and platinum[19] are the precious metals standouts for the recent period, up 1.01% and 11.28% YTD, and 60.02% and 37.71% YOY, respectively. This compares to [...] Read more at ETFtrends.com.
Suddenly, value stocks are generating plenty of buzz, some at the expense of their growth rivals. However, not all value stocks are good values. Investors can avoid the pitfall of value traps with the ERShares Entrepreneurs ETF (ENTR). ENTR tries to reflect the performance of the Entrepreneur 30 Index, which is comprised of 30 U.S. companies [...] Read more at ETFtrends.com.
The economy has staged an impressive comeback from last year’s drop, even fueling concerns that the market at large is overvalued. Forward-thinking investors may want to consider hybrid approaches. Convertible bonds have the potential to generate equity-like returns without the volatility, while preferred stocks may enhance yield without sacrificing credit quality. In the upcoming webcast, [...] Read more at ETFtrends.com.
By Matt Wagner, CFA, Associate, Research A bird in the hand is worth two in the bush.[1] In investing, this describes investors’ preference for dividends (the bird in the hand) relative to future price appreciation (two in the bush). While this preference is undeniable, the impact of dividends on company valuation represents a fault line between a traditional finance [...] Read more at ETFtrends.com.
By Christopher Carpentier, CFA, FRM, Investment Strategist; Arkady Ho, CFA, Fixed Income Portfolio Specialist Should institutional investors consider adding Bitcoin as an asset class within a well-diversified portfolio? Stories in the business press about cryptocurrency values and market capitalization[1] might seem to point to serious consideration, and we’ve received many requests for guidance on this topic. Because [...] Read more at ETFtrends.com.
By Fran Rodilosso, Head of Fixed Income ETF Portfolio Management, CFA We have noted previously some of the attractive features of onshore Chinese bonds, particularly the currently attractive yield pickup of Chinese bonds against U.S. Treasuries. This yield pickup remains significant despite the recent selloff in U.S. rates this year while China bond yields have remained steady. Furthermore, [...] Read more at ETFtrends.com.
By Joe Foster, Portfolio Manager, Gold Strategy Positive Growth Outlook Depresses Gold The gold price trended lower in February, as a favorable growth outlook caused a continued sharp rise in Treasury yields, driven by increasing odds of more fiscal stimulus, declining Covid infection rates and strong retail sales and manufacturing data. Higher rates also allowed [...] Read more at ETFtrends.com.