In recent trading, shares of United Community Banks Inc (Symbol: UCBI) have crossed above the average analyst 12-month target price of $27.54, changing hands for $27.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Mercury Systems Inc (Symbol: MRCY) have crossed above the average analyst 12-month target price of $36.88, changing hands for $37.00/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 Qualcomm Inc (Symbol: QCOM) have crossed above the average analyst 12-month target price of $135.50, changing hands for $136.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
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 Power Integrations Inc. (Symbol: POWI) have crossed above the average analyst 12-month target price of $79.60, changing hands for $81.32/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
The Vanguard FTSE Developed Markets ETF (VEA) is designed to track the performance of the FTSE Developed All Cap ex US Index. The goal of the ETF is to provide investors with a convenient way to match the performance of a diversified group of stocks of large-, mid-, and small-cap
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn.
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Inflation isn’t at the 2% level the Fed has been targeting. But it’s gone down considerably from its peak of 9% last year. Plus, expectations of a recession occurring this year thus far have yet to come to fruition. Although we still have a few weeks left in the year. “Despite persistent expectations for a [...]
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In trading on Monday, shares of the ROBO ETF (Symbol: ROBO) crossed above their 200 day moving average of $53.32, changing hands as high as $53.57 per share. ROBO shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of ROBO sha
World-renowned economist Jeremy Siegel understands financial markets better than most. Accordingly, he will be the keynote for VettaFi’s Market Outlook Symposium. The symposium is free and scheduled for this Thursday, December 14, at 11 a.m. ET. “Jeremy Siegel has long been a voice of reason on the market,” said VettaFi Head of Research Todd Rosenbluth. [...]
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The holidays are a time when family and friends tend to congregate at the family home. Your clients get to see those children, grandchildren, and relatives who travel in from around the country. In some cases, they are cooped up for the week or more with not much else to do except enjoy family and [...]
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The Invesco Food & Beverage ETF is seeing unusually high volume in afternoon trading Monday, with over 735,000 shares traded versus three month average volume of about 39,000. Shares of PBJ were up about 1.1% on the day.
The year is coming to a close, and many disruptive themes had a stellar year from an investment standpoint — some well-known and others under the radar. Here are a few of the top disruptive technology themes of 2023. 1. Crypto/Blockchain Crypto-related and blockchain ETFs were among the year’s best performers as bitcoin surged above [...]
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Investors have by now heard quite a lot of back and forth about what to do about inflation. Inflation has significantly cooled since the start of 2023, certainly, from a doom-and-gloom outlook to a much more optimistic narrative. The Fed’s rapid rate hikes have succeeded to some degree, but are excited headlines about potential rate [...]
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Right now, investors and advisors from all kinds of backgrounds are thinking about tax-loss harvesting. By selling off strategies or holdings that have seen losses this year, investors and advisors alike can reduce their tax bill. Of course, many of those same investors look to reinvest those proceeds back into the market, with active ETFs [...]
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On this episode of the “ETF of the Week” podcast, Tom Lydon discussed the SPDR® Gold Shares (GLD) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall. ETF of the Week: SPDR® Gold Shares (GLD) Chuck Jaffe: One fund [...]
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In a year when investor uncertainty remained both pronounced and prolonged, optimizing core allocations became a significant priority. Equity income ETFs experienced record inflows this year, with the NEOS S&P 500 High Income ETF (SPYI) soaring above the competition in both yields and returns. This year proved challenging for investors, with ongoing market volatility and [...]
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Rising rates in 2023 changed the environment significantly for fixed income. Suddenly, investors were chomping at the bit to add more bonds to their portfolios, particularly in short-maturity strategies, as yields became more attractive. Of course, with rate hikes likely near an end, that changes which strategies may appeal. Enter Fidelity Low Duration Bond Factor [...]
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