In recent trading, shares of Emerson Electric Co. (Symbol: EMR) have crossed above the average analyst 12-month target price of $81.08, changing hands for $83.78/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 Globus Medical Inc (Symbol: GMED) have crossed above the average analyst 12-month target price of $61.86, changing hands for $62.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
In recent trading, shares of Adient plc (Symbol: ADNT) have crossed above the average analyst 12-month target price of $34.00, changing hands for $34.65/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 AptarGroup Inc. (Symbol: ATR) have crossed above the average analyst 12-month target price of $136.57, changing hands for $136.94/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 DuPont de Nemours Inc (Symbol: DD) have crossed above the average analyst 12-month target price of $76.36, changing hands for $76.45/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 International Paper Co (Symbol: IP) have crossed above the average analyst 12-month target price of $50.11, changing hands for $50.33/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
The industrial sector, which faced disruption in global supply chains and factory closedowns, is expected to rebound on recovery from the coronavirus-led slump. The introduction of a coronavirus vaccine and addition of stimulus are expected to drive demand and economic activities
Starbucks Corporation SBUX released first-quarter fiscal 2021 results, after market close, on Jan 26. The company’s earnings topped estimates while revenues lagged the same. However, the metrics declined sharply year over year amid the coronavirus pandemic. Notably, shares of
Disruptive technology is, as the saying goes, having a moment. But it’s unlikely to be a moment that fades. Advances in next-generation vehicles, financial technology, cultural disruptors, cybersecurity, and cloud computing are likely to shape our futures in ways we’re just starting to grasp. But how do you invest in tomorrow while managing your risk [...] Read more at ETFtrends.com.
Silver prices surged to their highest level in eight years yesterday as retail trading frenzy moved from GameStop (GME) to silver. Reddit’s WallStreetBets forum decided to bet on silver after their successful short squeeze on some heavily shorted stocks.
U.S. markets and stock exchange traded funds jumped Tuesday as traders wait on earnings from tech giants Amazon and Google’s parent Alphabet, along with updates on the next installment of a coronavirus relief package. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 1.9%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 1.9%, and [...] Read more at ETFtrends.com.
The dollar has been on the move as of late, while the Japanese yen and euro have been falling against the greenback. This highlights the need for a currency hedging strategy inherent in ETFs like the Xtrackers MSCI Japan Hedged Equity ETF (DBJP) and the Xtrackers MSCI Europe Hedged Equity ETF (DBEU). “The U.S. dollar reached [...] Read more at ETFtrends.com.
The Federal Reserve didn’t throw the capital markets a curve ball when it decided to keep interest rates unchanged last week. Fortunately, fixed income investors looking for yield have options thanks to ETF provider Invesco. The Invesco Global Short Term High Yield Bond ETF (PGHY) and the Invesco High Yield Bond Factor ETF (IHYF) are strong [...] Read more at ETFtrends.com.
The ISM Manufacturing PMI dropped to 58.7 in January of 2021 from 60.5 in December which was the highest since August 2018 and below market forecasts of 60. Still, the reading pointed to an eighth successive month of growth in factory activity, which has been increasing at a heal
Our research shows the GameStop controversy is localized in stocks. This has been a strange week. Never before has social media been used to move large chunks of the stock market and rattle parts of the thick-skinned hedge fund industry. In our view, professional traders are reducing their equity exposures given the unpredictability of what’s happening, [...] Read more at ETFtrends.com.
In the capital markets, there are trends that may be short-lived, and then there are megatrends that can endure the test of time. Environmental, social, and governance (ESG) investing has emerged as a megatrend, and is attainable for investors with funds like the SPDR S&P 500 ESG ETF (EFIV). The fund seeks to provide investment [...] Read more at ETFtrends.com.
February is not known for good stock returns. A consensus carried out from 1950 to 2020 shows that February ended up offering positive stock returns in 40 years and negative returns in 31 years, per moneychimp.com, with an average negative return of 0.12%.
Key Takeaways iShares Edge MSCI Quality Factor ETF (QUAL) owns 125 companies that have generated consistent earnings records, a strong return on equity, and low leverage. CFRA finds many of the holdings to be appealing. While the ETF has similarities to the S&P 500 Index, we think the hefty stakes in attractive stocks, including Nike [...] Read more at ETFtrends.com.
Stocks and stock index ETFs surged for the second consecutive day on Tuesday, as concerns about a speculative retail trading slowed and lawmakers moved to passing additional fiscal stimulus. The Dow Jones Industrial Average jumped about 2% higher, as the S&P 500 added 1.7% Tuesday. Meanwhile, the Nasdaq Composite climbed 1.45%, with week-to-date gains at [...] Read more at ETFtrends.com.
Environmental, social, and governance (ESG) investing isn’t just relegated to equities. Bond investors can get in on the ESG action with ETFs like the VanEck Vectors Green Bond ETF (GRNB). GRNB seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond U.S. Dollar Select [...] Read more at ETFtrends.com.