Nasdaq ETFs

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

In recent trading, shares of HP Inc (Symbol: HPQ) have crossed above the average analyst 12-month target price of $28.81, changing hands for $29.09/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or,

In recent trading, shares of Flowserve Corp (Symbol: FLS) have crossed above the average analyst 12-month target price of $32.44, changing hands for $32.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat

In recent trading, shares of Alcoa Corporation (Symbol: AA) have crossed above the average analyst 12-month target price of $52.62, changing hands for $52.98/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 Artisan Partners Asset Management Inc (Symbol: APAM) have crossed above the average analyst 12-month target price of $33.90, changing hands for $34.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to re

In recent trading, shares of FirstEnergy Corp (Symbol: FE) have crossed above the average analyst 12-month target price of $42.56, changing hands for $42.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua

In recent trading, shares of Houlihan Lokey Inc (Symbol: HLI) have crossed above the average analyst 12-month target price of $92.00, changing hands for $93.34/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 First Solar Inc (Symbol: FSLR) have crossed above the average analyst 12-month target price of $167.90, changing hands for $171.01/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 SJW Group (Symbol: SJW) have crossed above the average analyst 12-month target price of $79.60, changing hands for $81.07/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 Wynn Resorts Ltd (Symbol: WYNN) have crossed above the average analyst 12-month target price of $95.44, changing hands for $97.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val

In recent trading, shares of Urban Outfitters, Inc. (Symbol: URBN) have crossed above the average analyst 12-month target price of $26.33, changing hands for $27.66/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 Sotera Health Co (Symbol: SHC) have crossed above the average analyst 12-month target price of $10.33, changing hands for $17.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu

Morgan Stanley (Symbol: MS) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield, as well as being recognized by prominent asset managers as being a socially

If the fall saw investors panic about China possibly being “uninvestable” due to political concerns, those worries seem to have evaporated based on how hot China ETFs have been to start the year. China region ETFs have seen the second-strongest one-month performance across all equity ETF categories on YCharts, returning 6.7% in that time compared [...] Read more at ETFtrends.com.

In an apparent bid to gain some headway in the web search market dominated by Google, Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, a chatbot launched by OpenAI in November. ChatGPT is a natural language processing model designed to generate text that appears as if a human wrote [...] Read more at ETFtrends.com.

As investors allocate to equal-weight strategies, the Invesco ESG S&P 500 Equal Weight ETF (RSPE) is lesser-known, has a compelling strategy, and incorporates ESG criteria. There are many reasons why investors favor equal weighting over market cap-weighted strategies, including enhanced diversification and historical outperformance. In 2022, The S&P 500 Equal Weight Index declined -11.4% compared to [...] Read more at ETFtrends.com.

In trading on Tuesday, shares of the Invesco Variable Rate Preferred ETF (Symbol: VRP) crossed above their 200 day moving average of $22.81, changing hands as high as $22.93 per share. Invesco Variable Rate Preferred shares are currently trading up about 1.1% on the day. The

Tired of all the Fed watch back and forth? Investors appear to be turning away from reading the FOMC tea leaves and instead looking abroad from U.S. equities to international offerings. Nine of the top performing categories on YCharts over the last month were explicitly based outside of the U.S., from China to Europe to [...] Read more at ETFtrends.com.

Summary Within the context of a multi-month trading range, internal measuring statistics (outperformance by equal-weighted equity index proxies, improving number of new 52-week highs/contracting number of new 52-week lows, NYSE Advancing volume, etc.), aided by a further decline by the U.S. Dollar, are supporting a move higher by the S&P 500—towards 4050-4100+/-. Sub or Grinder [...] Read more at ETFtrends.com.