In recent trading, shares of Acacia Communications Inc (Symbol: ACIA) have crossed above the average analyst 12-month target price of $95.00, changing hands for $113.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of Old Dominion Freight Line, Inc. (Symbol: ODFL) have crossed above the average analyst 12-month target price of $205.58, changing hands for $207.51/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Navient Corp (Symbol: NAVI) have crossed above the average analyst 12-month target price of $11.30, changing hands for $12.11/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 United Natural Foods Inc. (Symbol: UNFI) have crossed above the average analyst 12-month target price of $20.25, changing hands for $22.19/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of Kulicke & Soffa Industries, Inc. (Symbol: KLIC) have crossed above the average analyst 12-month target price of $37.33, changing hands for $38.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
In recent trading, shares of Atea Pharmaceuticals Inc (Symbol: AVIR) have crossed above the average analyst 12-month target price of $51.33, changing hands for $52.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
In recent trading, shares of AeroVironment, Inc. (Symbol: AVAV) have crossed above the average analyst 12-month target price of $96.33, changing hands for $125.29/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 JetBlue Airways Corp (Symbol: JBLU) have crossed above the average analyst 12-month target price of $15.46, changing hands for $15.72/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 Fortress Transportation & Infrastructure Investors LLC (Symbol: FTAI) have crossed above the average analyst 12-month target price of $23.30, changing hands for $23.55/share. When a stock reaches the target an analyst has set, the analyst logical
Eaton Vance Corp (Symbol: EV) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as a superb track record of at least two decades of dividend growth, according to
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
ETF Trends CEO Tom Lydon discussed the Financial Select Sector SPDR (XLF) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF, one of the powerhouse SPDR products, provides exposure to an index that includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; real [...] Read more at ETFtrends.com.
Thursday has brought the first ETF focused on exposure to a more ESG-based economy. Direxion officially announced the recent launch of the Direxion World Without Waste ETF (WWOW). WWOW invests in 50 companies at the forefront of the move to a circular economy from a linear one. Until recently, the ‘take-make-consume-waste’ of resources within a [...] Read more at ETFtrends.com.
In 2020, funds with exposure to less environmental, social, and governance risks outperformed their peers that did not account for ESG principles. Jeffrey Ptak, head of global manager research for Morningstar, points out that funds courting less ESG risks beat their benchmark indices more often and with a greater average margin than funds courting more [...] Read more at ETFtrends.com.
After only a few months, on Thursday, Invesco Ltd. (NYSE: IVZ), a leading provider of ETFs, announced that the Invesco NASDAQ 100 ETF (QQQM) and the Invesco NASDAQ Next Gen 100 ETF (QQQJ) together have gathered $1 billion in assets under management (AUM). The two ETFs celebrated 3 months of history yesterday, as they were launched [...] Read more at ETFtrends.com.
The United States continues to struggle with controlling the coronavirus outbreak. According to Johns Hopkins University data, the country recorded 224,258 new coronavirus cases and 3,848 more deaths on Jan 13, per a CNN report.
China seems to be recovering well from the pandemic-induced economic slowdown. The continued strength in the export levels can be largely attributed to the solid global demand for the coronavirus outbreak-related goods. Per the customs agency, China’s factories exported around
On Thursday, Franklin Templeton announced the expansion of its thematic active ETF lineup with the addition of Franklin Exponential Data ETF (XDAT). XDAT seeks capital appreciation by investing in companies focused on or expected to benefit from the use of large data sets and/or the growth of data, including the creation, collection, cleaning, analyzing, storage, securing, transport, and/or [...] Read more at ETFtrends.com.
Marijuana stocks and sector-related exchange traded funds surged Thursday after Canadian cannabis growers reported some stellar quarterly results. Among the best performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 8.2%, Cambria Cannabis ETF (TOKE) increased 5.2%, Global X Cannabis ETF (NASDAQ: POTX) surged 10.6%, AdvisorShares Pure Cannabis ETF (YOLO) gained 4.9%, [...] Read more at ETFtrends.com.
Exchange traded fund investors can consider a strategy to incorporate a hedged equity position into a portfolio as a way to mitigate tail risk while seeking upside market participation. In the recent webcast, Reduce Market Downside Risk with a New Approach to Hedge Equity Portfolios, Jamie Atkinson, Managing Director, Head of Global Sales, Swan Global [...] Read more at ETFtrends.com.