In recent trading, shares of Zscaler Inc (Symbol: ZS) have crossed above the average analyst 12-month target price of $62.64, changing hands for $63.86/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 itse
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 itse
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 — an
In recent trading, shares of Barrick Gold Corp. (Symbol: GOLD) have crossed above the average analyst 12-month target price of $20.48, changing hands for $20.58/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 Prologis Inc (Symbol: PLD) have crossed above the average analyst 12-month target price of $97.61, changing hands for $98.35/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 Perrigo Company plc (Symbol: PRGO) have crossed above the average analyst 12-month target price of $58.28, changing hands for $58.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Wendy's Co (Symbol: WEN) have crossed above the average analyst 12-month target price of $23.07, changing hands for $23.21/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Netflix Inc (Symbol: NFLX) have crossed above the average analyst 12-month target price of $386.84, changing hands for $387.78/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
Honeywell International Inc (Symbol: HON) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $10.37B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.01% yield, according to the most recent Dividend Chan
International Business Machines Corp (Symbol: IBM) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.3% yield, as well as a superb track record of at least two decades of dividend
The first quarter of 2020 so far has been plagued with the Middle East tensions and the coronavirus outbreak. However, Wall Street rallied despite all odds as global central banks continued being dovish with China (the epicenter of coronavirus) rolling out fiscal and monetary st
The automobile/tires/trucks sector has reported mixed results so far this reporting season. Of the 62.5% S&P automobile companies that have reported so far, 60% beat on earnings, while 40% outpaced revenue estimates. Earnings have declined 65% year over year and revenues 11.
The utility sector has come up with mixed results so far this earnings season. Of the 32.1% S&P companies in the utilities sector that have reported, 66.7% beat on the bottom-line estimates, while none of these surpassed revenue estimates. Earnings have risen 63.8% and reven
For investors seeking momentum, Fidelity MSCI Utilities Index ETF FUTY is probably a suitable pick. The fund just hit a 52-week high, up roughly 25.3% from its 52-week low of $36.63/share.
The telecom sector maintained decent returns in 2019 as is evident from the 5.4% gain of the S&P Telecom Select Industry Index. The sector has maintained gains on the fifth-generation wireless technology or 5G, which will be a game changer when fully implemented. Moreover,
China is still contending with the COVID-19, also known as the new coronavirus, outbreak, one that has presented an obvious hurdle to emerging markets assets.
Apple’s AAPL shares have been exhibiting one of its best rallies, having returned about 90% in the past year 21.6% gain in the S&P 500 and 36.2% advancement in the tech-heavy Invesco QQQ Trust QQQ. Decent growth prospects and impressive product launches have been aiding t
The First Trust Consumer Staples AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Tuesday, with over 548,000 shares traded versus three month average volume of about 43,000. Shares of FXG were off about 0.7% on the day.