Nasdaq TSLA Tesla

Asian shares rose on Friday after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve as well as on prospects of a solid economic recovery in China.

After growth stocks hit a wall in 2022, they’re back in vogue so far in 2023. For example, the Vanguard Growth ETF ( NYSEARCA:VUG ), one of the largest growth ETFs in the market with over $75 billion in assets under management (AUM), suffered a 33.1% decline last year, but it's up 8.7% year-to-date. While this is a nice gain so far, analysts believe that VUG still has plenty of upside ahead -- the average VUG stock price target of $275.23 implies upside potential of 18.5% from current levels. Additionally, according to the views of 4K analysts, the Vanguard Growth ETF is a “Moderate Buy.” TipRanks uses proprietary technology to compile analyst forecasts and price targets for ETFs based on a combination of the individual performances of the underlying assets. By using the Analyst Forecast tool, you will get an overview of the overall analyst rating, analyst price target, and upside or downside for an ETF, as well as the highest and lowest price targets.  TipRanks calculates a weighted average based on the combination of all the ETFs’ holdings. The average price forecast for an ETF is calculated by multiplying each individual holding’s price target by its weighting within the ETF. For the Vanguard Growth ETF, 65.5% of the analysts in our data set rate this ETF a Buy, while 30.6% view it as a Hold. Just 3.8% call VUG a Sell.  Furthermore, VUG has an ETF Smart Score of 8, meaning that it is likely to outperform the market. Other indicators tracked by TipRanks, such as Crowd wisdom and blogger sentiment, are also positive. VUG's Holdings  VUG's holdings include 254 stocks, and its top 10 holdings make up 46% of the fund. The fund tracks the CRSP US Large Cap Growth Index, which is comprised of large-cap U.S. growth stocks. Growth stocks are simply stocks that are expected to grow their revenue, profit, or cash flow at a faster rate than the broader market. Growth stocks are often companies with innovative new technologies or companies that are disrupting existing industries. While growth stocks are more volatile than the broader market, picking the right growth stocks can lead to significant returns. This is where an ETF like VUG that offers broad diversification to a wide array of top U.S. growth stocks comes in handy -- investors get exposure to hundreds of blue-chip growth stocks without single-stock risk. There is plenty of overlap between growth stocks and tech, so you’ll find a heavy weighting towards large-cap tech stocks like Apple ( NASDAQ:AAPL ), Microsoft ( NASDAQ:MSFT ), Amazon ( NASDAQ:AMZN ), Alphabet ( NASDAQ:GOOG ) ( NASDAQ:GOOGL ) and Tesla ( NASDAQ:TSLA ) within VUG's top 10 holdings. But growth stocks aren't limited to the tech sector -- payment networks Mastercard ( NYSE:MA ) and Visa ( NYSE:V ) are also among the top holdings, as is home improvement giant Home Depot ( NYSE:HD ). Other notable holdings include names like ThermoFisher ( NYSE:TMO ), McDonald’s ( NYSE:MCD ), and Nike ( NYSE:NKE ), so this ETF invests across a wide swath of high-quality U.S. growth stocks. Below is a look at the fund’s top 10 holdings. Seven out of the top 10 holdings have Strong Buy ratings from analysts, including all five of the top five holdings. Analysts are particularly bullish on holdings like Amazon and Alphabet, which they collectively see as having upside potential of 50% and 43%, respectively.  Long-Term Performance  The Vanguard Growth ETF has a stellar track record over the long term. VUG suffered a 33.1% decline in 2022 as growth stocks struggled due to rampant inflation and rising interest rates. However, zoom further out, and VUG's performance looks a lot more impressive. VUG has returned 56.8% over the past five years and just under 200% over a 10-year time frame, even after accounting for last year's sell-off. Since its inception in 2004, VUG has returned 357.8%.  Dividend and Expenses While it isn't necessarily enough to put VUG on the radar of income investors, this ETF is a dividend payer that currently yields about 0.64%. In addition to this dividend, its bullish outlook from analysts, and its comprehensive portfolio of blue-chip growth stocks, one thing that really makes the Vanguard Growth ETF stand out is its minuscule expense ratio. VUG features an expense ratio of just 0.04%, meaning that an individual investing $10,000 in VUG would pay just a negligible $4 in management fees over the course of a year. This is significantly cheaper than the 0.95% that Vanguard says is the average expense ratio for similar funds. Over the course of years and even decades, this can make a huge difference for an investor’s portfolio. Assuming no change to the fee and a 5% annualized return, after 10 years, an investor with $10,000 in VUG would pay just $51 in fees over the course of the decade. Compare this to an ETF with an expense ratio of 0.5%, for example, and an investor would pay $50 in fees in just the first year alone. Over time, this makes a meaningful difference, and low fees like this can help investors preserve money. Looking Ahead While VUG is off to a nice start to 2023, analysts see more upside ahead, as discussed above. VUG could have more reversion to the mean coming after underperforming the S&P 500 ( SPX ) last year, as investor enthusiasm for growth and technology seems to be returning to the market based on a number of factors. Inflation cooling down and the Federal Reserve slowing the pace of interest rate hikes would both bode well for growth stocks. Also worth noting is the fact that valuations for many growth stocks came down after last year's sell-off, meaning that valuation is now more palatable in many cases. Lastly, excitement over new innovations like consumer-facing generative Artificial Intelligence (AI) applications like ChatGPT is reigniting investor enthusiasm for tech stocks. The Vanguard Growth ETF is a great way for investors who are just starting out to quickly gain instant, diversified exposure to a large group of blue-chip U.S. growth stocks, as 7 of the top 10 stocks enjoy Strong Buy designations based on TipRank's data. Furthermore, with its low fees and strong historical performance, VUG is a great ETF for investors of all levels who want to have low-cost, broad exposure to growth in their portfolios. Disclosure

Tesla Inc's planned factory in Mexico's northern border state of Nuevo Leon will be built on a site spanning several thousand acres, almost twice the size of its factory site in Texas, with construction slated to start in three months, a Mexican official said on Thursday.

Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia's invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments.

Tesla TSLA shares have long been a favorite among investors, etching in an unbelievable 7000% again just over the last decade.

The energy sector is a crucial part of the global economy, providing energy to power everything from homes to factories to transportation. The sector includes companies involved in the production, transportation, and distribution of energy resources such as oil, natural gas, and

Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia's invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments.

Canadian miner Advanced Lithium is holding preliminary talks with Mexican state-run lithium company LitioMx to form a joint venture to exploit the mineral, the firm's chief executive officer, Allan Barry, said on Thursday.

U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.

U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.

Consumer stocks were ending broadly mixed in Thursday trading, with the Consumer Staples Select Sector SPDR Fund (XLP) climbing 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) retreating 0.5%.

What happened Shares of semiconductor equipment maker Aehr Test Systems (NASDAQ: AEHR) were falling hard in Thursday trading, declining as much as 34.7% before recovering strongly to a still-unpleasant 11.7% decline as of 2:30 p.m. EST.

U.S. stocks rose on Thursday as Treasury yields retreated from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank.

The stock market put in a mixed performance on Thursday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) making solid gains while other major market benchmarks lost ground. The performance of a single company helped boost the Dow substantially, while overall, investors se

What happened Tesla (NASDAQ: TSLA) held its 2023 Investor Day event last night, but many who followed along were underwhelmed. With expectations for market-moving news dashed, the stock is plunging Thursday after a strong start to the year. As of 1:30 p.m. ET, Tesla shares were d

The benchmark S&P 500 and the tech-heavy Nasdaq fell on Thursday as the 10-year Treasury yield held above 4% following hotter-than-expected labor market data, while strong results from software company Salesforce boosted the blue-chip Dow.

What happened Shares of rare earth metals miner MP Materials (NYSE: MP) soared after reporting strong earnings last week -- better-than-expected revenues, and profits more than twice the level Wall Street had predicted -- gaining more than 14% over the next two trading days.

Investors in Tesla Inc (Symbol: TSLA) saw new options begin trading today, for the October 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 232 days until expiration the newly trading contracts repres

It has been about a month since the last earnings report for General Motors Company (GM). Shares have lost about 1.5% in that time frame, outperforming the S&P 500.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG) where we have detected an approximate $308.5 million dollar inflow -- that's a 2.1% increase we