In recent trading, shares of PDD Holdings Inc (Symbol: PDD) have crossed above the average analyst 12-month target price of $97.42, changing hands for $98.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of BlackLine Inc (Symbol: BL) have crossed above the average analyst 12-month target price of $59.36, changing hands for $59.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
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
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —
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 Hewlett Packard Enterprise Co (Symbol: HPE) have crossed above the average analyst 12-month target price of $17.33, changing hands for $17.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
By Dan Weiskopf Broad Market: Real Estate Bottleneck According to the National Association of Realtors (NAR), existing-home sales were down 2.2% month over month, and down 16.6% year over year. This comes with a 3.7% increase in inventory month over month and a 14.6% decrease year over year (See NAR Link). Of course, where we go [...]
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When it comes to AI, VettaFi’s financial futurist Dave Nadig said that thanks to ChatGPT, “we’re in this bit of a hype cycle.” But we’re also “in a bit of the reality-check cycle.” This article will be updated shortly with a link to the on-demand replay, when it becomes available. Nadig likened AI to the [...]
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It’s been a rocky road for Ford’s transition to electric vehicles, marked by delays and setbacks. The ICE manufacturer remains more committed than ever to the EV transition, however, a direct reflection of broader industry changes. Ford (F) has teased several unique electric vehicles built on its own EV platform. These include a truck capable [...]
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Tax-loss harvesting involves selling underperforming stocks at a loss and then using the proceeds to invest in correlated securities. This process mitigates an investor’s tax bill while navigating the wash-sale rule. Most advisors already use TLH at the end of the year to help improve their clients’ after-tax returns. However, Vanguard notes that direct indexing [...]
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This article will be updated shortly with a link to the on-demand replay, when it becomes available. Some ETF issuers are not only investing in AI, but are instead investing with AI. Utilizing machine learning, AI-driven strategies can adapt to market environments better than human managers. Notably, using AI in the investment space is not [...]
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Artificial intelligence is one of the top investment themes this year and is the new megatrend likely to last for at least the next decade. BlackRock’s Jay Jacobs and Global X’s Pedro Palandrani joined VettaFi’s head of research, Todd Rosenbluth, to discuss AI investing and companies to look to in the coming years at the [...]
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This article will be updated shortly with a link to the on-demand replay, when it becomes available. There is a plethora of AI-related investment opportunities, with the winners and losers yet to be determined. With AI still in the early innings, active managers are able to capture unique opportunities that passive funds might miss. Passive [...]
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This article will be updated shortly with a link to the on-demand replay when it becomes available. Active ETFs have had a big year so far in 2023 by several metrics. From institutional investor interest to advisors planning to up allocations, active strategies have grown in popularity. With their ability to invest nimbly and lean [...]
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In trading on Wednesday, the Uranium ETF is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Uranium Energy, up about 3.1% and shares of Nexgen Energy, up about 2.4% on the day.
Looking for REITs? Yes, real estate has had a difficult time so far this year amid rate hikes. The right REIT ETF can help, however, still offering the benefits of REIT exposure while mitigating the downsides. Some REIT strategies even limit exposure to mortgages themselves, helping reduce some of the impact of rising rates. That [...]
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Segall Bryant & Hamill Asset Management has launched the actively managed Segall Bryant & Hamill Select Equity ETF (NYSE Arca: USSE). The fund targets companies believed to have superior growth potential that are trading at a discount to their intrinsic value. Segall Bryant & Hamill’s director of all-cap strategies Suresh Rajagopal will manage the fund. [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) where we have detected an approximate $80.1 million dollar outflow -- that's a