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 Fortune Brands Home & Security, Inc. (Symbol: FBHS) have crossed above the average analyst 12-month target price of $88.08, changing hands for $88.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to
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 DuPont de Nemours Inc (Symbol: DD) have crossed above the average analyst 12-month target price of $68.50, changing hands for $69.49/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 Burlington Stores Inc (Symbol: BURL) have crossed above the average analyst 12-month target price of $240.00, changing hands for $245.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
Cyber warfare has long been called the battlefield of the 21st century. Investors and Uncle Sam are being reminded of that this week amid news that Russian hackers waged a lengthy intrusion campaign against the U.S. government.
The coronavirus outbreak continues being a serious concern. The world’s largest economy saw record numbers of new coronavirus infections and deaths ever witnessed in a single day on Dec 16, along with the highest number of Covid-19 hospitalizations witnessed since the outbreak
ETF Trends CEO Tom Lydon discussed the VanEck Vectors Oil Service ETF (OIH) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF is designed to track the largest 25 U.S.-listed oil service companies. As such, investors should not expect a deep portfolio, but it is important to [...] Read more at ETFtrends.com.
As socially responsible investment strategies gain popularity, new data shows that the influx of new money is starting to make an impact on green bond issuers. For example, a growing body of research reveals that companies and governments that borrow using so-called green bonds are saving some money, the Wall Street Journal reports. The market [...] Read more at ETFtrends.com.
Stocks and index ETFs achieved fresh closing highs on Thursday, buoyed by optimism that lawmakers might complete negotiations over additional fiscal aid before the end of the year. The S&P 500 advanced 0.6%, holding above the 3,700 level, as the tech-based Nasdaq rallied 0.84%. Meanwhile, the Dow Jones Industrial Average gained roughly 150 points, or [...] Read more at ETFtrends.com.
Investors will soon be able to access BlackRock iShares exchange traded funds that reflect the iconic Morningstar Style Box. Morningstar Inc., a leading provider of independent investment research and a leader in style analysis and investing since the creation of the Morningstar Style Box in 1992, will launch a new index family, the Morningstar Broad [...] Read more at ETFtrends.com.
As we head into 2021, it may be an ideal time to invest in the global recovery through airlines and a sector-related exchange traded fund. In the recent webcast, Fly Into 2021 With Optimism for Airlines, Frank Holmes, CEO and Chief Investment Officer, U.S. Global Investors, highlighted the growing popularity of the U.S. Global Jets [...] Read more at ETFtrends.com.
By Steve Pitchford, Director of Tax and Financial Planning Responsible investing has captured public attention in recent years. And with a plethora of responsible investing based products available, the opportunity to utilize those that are both consistent with an investor’s personal values and at the same time continue to meet the investor’s investment objectives has never [...] Read more at ETFtrends.com.
Retail sales in the United States fell 1.1% sequentially in November 2020, following a revised 0.1% decline in October. The reported sales also missed forecasts of a 0.3% decline. It marked the second successive decline in retail sales as U.S. consumers cut back on holiday shoppi
The COVID-19 vaccines and their availability have raised the prospect of inflation as we move ahead into the next year since these will lead to faster-than-expected economic recovery. Notably, the 5-year TIPS/Treasury breakeven rate — a proxy for inflation expectations measured
Social distancing might be the buzzword of 2020, but don’t forget about social media. The sector has been a strong performer with its resurgence this year, giving funds like the Global X Social Media ETF (SOCL) strong gains. SOCL seeks to provide investment results that correspond generally to the price and yield performance of the [...] Read more at ETFtrends.com.
Getting complete bond exposure doesn’t mean investors have to sift through the vast array of bonds in the debt market. An active management strategy allows ETF investors to get total bond exposure in one fund via the Invesco Total Return Bond ETF (GTO), which does all the work for them. GTO an actively managed intermediate-term [...] Read more at ETFtrends.com.
The banking sector would like to see low interest rates go away as quickly as possible. With a global vaccine deployment underway for the COVID-19 pandemic, signs of life could appear for the banking sector in 2021, which bodes well for the Direxion Daily Regional Banks Bull 3X Shares (DPST). DPST seeks daily investment results, [...] Read more at ETFtrends.com.
As widely expected, the Fed held interest rates steady at near-zero level in its latest meeting. U.S. interest rates have been this low since March 2020. The Fed will also continue its bond purchases worth $120 billion each month until the economy returns to full employment. The
As global diversification becomes more prominent in a recovering economic landscape, getting exposure to the second largest economy can be crucial. ETF investors can get concentrated exposure to the best equities in China via the Xtrackers MSCI China A Inclusion Equity ETF (ASHX). ASHX seeks investment results that correspond generally to the performance, before fees [...] Read more at ETFtrends.com.