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
U.S. futures point to a modest open but odds are today’s session will be a muted one as investor digest not only the latest pandemic related news and implications but wait for the result of Senate runoff elections in Georgia that will determine the balance of power in Washington.
The coronavirus pandemic has changed the way businesses have been operating so long. Social distancing to contain the spread of the deadly coronavirus saw people opting for newer modes of transaction. This saw contactless payment methods gain prominence.
On Jan 4, we issued an updated research report on Citizens Financial Group CFG. The company displays solid top-line growth and a strong capital position. Also, rising loan and deposit balances act as a tailwind. Further, its strategic initiatives to improve revenues and efficienc
Alphabet’s GOOGL division Google continues to boost investment in India.Reportedly, Google and Snap plan to invest in an India-based social network, ShareChat.ShareChat is a regional-language social media platform that owns the short-video app Moj. The company is reportedly loo
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
Our theme of Out Of Favor Health Care Stocks includes health care names that have witnessed strong growth and improving fundamentals over the last few years but have still underperformed over 2020, partly due to Covid-19 related disruptions of the health care industry. However, w
While Peloton’s (NASDAQ: PTON) stock saw a big sell-off after news of Pfizer’s Covid-19 vaccine in early November 2020, the stock is now up a solid 50% since then, and is up by roughly 35% over December alone. So what are the trends driving Peloton’s surge? Firs
We believe there may be better places for your money than Paychex stock (NASDAQ: PAYX) at the present time. After gaining 11% this year, PAYX currently trades at $94 – slightly above the pre-Covid high of $90 in February. Supported by a high customer retention rate during
At the current price near $130 per share, we believe Aptiv’s stock (NYSE: APTV) seems overvalued. Aptiv, a global technology and mobility company serving the automotive sector, saw its stock price increase from $94.97 to $128.42 since the start of the year compared to the
After almost a 50% gain since the March 23 lows of this year, at the current price of $42 per share we believe BNY Mellon Stock (NYSE: BK) has more to go. BNY Mellon, the custody banking giant, has seen its stock rally from $27 to $42 off the recent bottom compared to the S&
The Covid-19 crisis has shaken-up nearly every company in the oil & gas industry with many opting for re-structuring. Oil majors including Exxon, Chevron, BP, and Royal Dutch Shell have revised their long-term benchmark price outlook and incurred sizable impairment charges.
Up 30% from its low in March, we believe Akamai stock (NASDAQ: AKAM) has room for around 15% upside to levels it reached in September 2020. The company’s stock trades at $104 currently and is, in fact, up just around 20% so far this year. Further, it traded at $102 in Feb
Taiwan's exports in December likely rose for a sixth straight month, a Reuters poll showed, lifted by strong demand for electronic goods as people continue to work and study from home during the COVID-19 pandemic.
It’s almost as if 2021 overslept, and its alarm clock didn’t go off until after the opening bell on Wall Street. After a terrific 2020 in the equities markets and a continuation in today’s pre-market, investors sent the first trading day of 2021’s close into the red: the
Will XPeng Stock Ride On The EV Boom This Year?Electric vehicle stocks have charged higher in 2020, and investors can’t seem to get enough of them. With Tesla’s (TSLA Stock Price) stock surging 720% in 2020, it was not surprising investors have been rushing into the s
In trading on Monday, shares of Owl Rock Capital Corp (Symbol: ORCC) crossed below their 200 day moving average of $12.34, changing hands as low as $12.28 per share. Owl Rock Capital Corp shares are currently trading off about 2.8% on the day. The chart below shows the one ye
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which m
In trading on Monday, shares of Sempra Energy (Symbol: SRE) crossed below their 200 day moving average of $124.21, changing hands as low as $123.26 per share. Sempra Energy shares are currently trading off about 2.5% on the day. The chart below shows the one year performance
In trading on Monday, shares of Essex Property Trust Inc (Symbol: ESS) crossed below their 200 day moving average of $228.38, changing hands as low as $228.10 per share. Essex Property Trust Inc shares are currently trading down about 3.3% on the day. The chart below shows th