In recent trading, shares of Vale SA (Symbol: VALE) have crossed above the average analyst 12-month target price of $15.75, changing hands for $16.05/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, o
In recent trading, shares of TransDigm Group Inc (Symbol: TDG) have crossed above the average analyst 12-month target price of $602.58, changing hands for $605.67/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 Norbord Inc (Symbol: OSB) have crossed above the average analyst 12-month target price of $41.92, changing hands for $41.96/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 Hewlett Packard Enterprise Co (Symbol: HPE) have crossed above the average analyst 12-month target price of $12.29, changing hands for $12.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
In recent trading, shares of National Oilwell Varco Inc (Symbol: NOV) have crossed above the average analyst 12-month target price of $14.08, changing hands for $14.55/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 Boyd Gaming Corp. (Symbol: BYD) have crossed above the average analyst 12-month target price of $42.00, changing hands for $42.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
American Tower Corp (Symbol: AMT) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as being recognized by prominent asset managers as being a s
For investors looking for momentum, First Trust NASDAQ Semiconductor ETF FTXL is probably a suitable pick. The fund just hit a 52-week high — up roughly 115.3% from its 52-week low of $27.47/share.
By Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy, VanEck A surprising increase in Turkish inflation will test the central bank’s recent policy U-turn. Brazil’s Q3 rebound was weaker than expected, raising more questions about the country’s ability to grow out of debt. A sizable upside surprise in Turkey’s inflation (14.03% year-on-year in November) means a sizable [...] Read more at ETFtrends.com.
By Matt Wagner, CFA, Senior Research Analyst, WisdomTree Positive developments for vaccines offer hope for the ultimate reopening of the global economy in 2021 and are causing many to look for the much-awaited “rotation” into value strategies. In one example of this value rotation, emerging market equities have outperformed the U.S. by more than 600 basis points (bps) since [...] Read more at ETFtrends.com.
By Matthew J Bartolini, Head of SPDR Americas Research, CFA, State Street Investors deposited $90+ billion into ETFs last month, with $81 billion going to equity funds Sector-focused ETFs posted strong monthly inflows, largely driven by cyclicals Flows into funds focused on innovative trends took in $7 billion The market breathed a heavy sigh of relief [...] Read more at ETFtrends.com.
By Salvatore J. Bruno, Chief Investment Officer, Managing Director, IndexIQ Just like that, it seems, we’re in a new reality, one in which there’s not just one, not two but three highly effective vaccines for limiting the spread of COVID-19 and saving lives. Pharmaceutical companies Pfizer (with partner BioNTech), Moderna, and now Astra-Oxford have all announced trial [...] Read more at ETFtrends.com.
By Scott Welch, CIMA ®, Chief Investment Officer – Model Portfolios, WisdomTree All aboard ha ha ha ha ha Ay, ay, ay, ay, ay, ay, ay Crazy, but that’s how it goes Millions of people living as foes Maybe it’s not too late To learn how to love And forget how to hate Mental wounds not healing [...] Read more at ETFtrends.com.
By Stephen McBride I’m seeing them pop up more and more. Maybe you are, too. Bold headlines telling you to “forget 5G.” And get ready for—you guessed it—6G! I want to be very clear: At this point, there is no such thing as “6G.” It simply doesn’t exist. I suspect some marketer made up the term 6G [...] Read more at ETFtrends.com.
By William Sokol, Senior ETF Product Manager, VanEck Undervalued bonds which provide excess spread relative to their fair value may be a source of outperformance versus the broad market in credit investing, thanks to their upside potential. However, this does not simply mean buying the highest yielding bonds. Yields and spreads imply risk, and investment [...] Read more at ETFtrends.com.
I hope all of my American readers and subscribers had a safe, happy Thanksgiving Day and weekend. This year has been exceptionally challenging for a variety of reasons, but I believe there’s still a whole lot to be thankful for. I trust you were able to spend some time with friends and family, whether in [...] Read more at ETFtrends.com.
The price of copper is on a tear right now thanks to news that a number of pharmaceutical companies have developed effective vaccines against COVID-19, raising hopes that the world economy will open to full capacity sooner than expected. The industrial metal rose 12.24% in November, its best month in four years. Today it was [...] Read more at ETFtrends.com.
The developing economies are witnessing an increasing group of middle-income consumers who have become reliant on digital devices in the COVID-19 world. With a global pandemic forcing a more digitized lifestyle, we have witnessed an increased adoption of e-commerce or online shopping to meet everyday needs. In the upcoming webcast, E-Commerce and Coronavirus: A Boon [...] Read more at ETFtrends.com.
Corporate America has hoarded the largest cash pile ever, potentially opening up the opportunity for greater mergers and acquisitions down the line and bolstering the case for small-cap companies and exchange traded funds. According to Moody’s Investors Service, cash holdings at non-financial companies expanded to a record $2.1 trillion at the end of June, or [...] Read more at ETFtrends.com.
Energy markets and related exchange traded funds rallied Friday as traders looked to a potential U.S. economic stimulus package and promising coronavirus vaccines to help support the economic recovery, despite rising crude oil supply and Covid-19 infections. On Friday, the Invesco S&P SmallCap Energy ETF (NasdaqGM: PSCE) jumped 7.4%, SPDR Oil & Gas Equipment & [...] Read more at ETFtrends.com.