In recent trading, shares of Ternium S A (Symbol: TX) have crossed above the average analyst 12-month target price of $30.88, changing hands for $31.06/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 Snowflake Inc (Symbol: SNOW) have crossed above the average analyst 12-month target price of $282.70, changing hands for $283.83/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of Fastenal Co. (Symbol: FAST) have crossed above the average analyst 12-month target price of $47.75, changing hands for $48.28/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 WestRock Co (Symbol: WRK) have crossed above the average analyst 12-month target price of $42.70, changing hands for $43.51/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 Logitech International SA (Symbol: LOGI) have crossed above the average analyst 12-month target price of $99.60, changing hands for $99.65/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
2020 was a great year for the stock market and the ETF industry, as stocks, particularly in certain areas, surged even as the pandemic ravaged the economy. The Dow gained 7.3% last year, the S&P returned 16.3%, while the Nasdaq soared 43.6%, its best annual performance since
For this week’s episode of ETF 360, ETF Trends CEO Tom Lydon and CIO Dave Nadig caught up with Scott Helfstein, Executive Director of Thematic Investing at ProShares, to discuss what 2020’s rise of thematic and innovation could lead to in 2021. Watch the Full ETF 360 Episode Here: For Helfstein, he believes that innovation is [...] Read more at ETFtrends.com.
Fixed-income investors who are anticipating a higher level of inflation in the years ahead have already been shifting into Treasury inflation-protected securities-related exchange traded funds. Over the past month, the iShares 7-10 Year Treasury Bond ETF (IEF), which tracks U.S. Treasury bonds with remaining maturities between seven and ten years, suffered $1.4 billion in net [...] Read more at ETFtrends.com.
While the new year may have seen a rough start the year, January tends to be a strong month for U.S. markets and stock-related exchange traded funds. The S&P 500 Index’s average price return of 1.8% in all Januarys since the index was created in 1954, compared to 0.7% on average over the other 11 [...] Read more at ETFtrends.com.
Agriculture-related ETFs have been seeing significant movement lately, as crops are on a tear due to a global, coronavirus-induced supply shortage. With the coronavirus continuing to ravage the globe, issues in the supply chain, especially due to transportation issues, have driven commodity prices higher due to fresh demand, experts said. Recently, rice reached a nine-year [...] Read more at ETFtrends.com.
Wall Street surprised investors with annual gains in 2020. However, the first trading day of 2021 was disappointing. The Dow Jones Industrial Average lost 1.3% on Jan 4 and was index’s first negative start to a year since 2016, per a CNBC article. Going on, the other two broade
On Tuesday, Boeing shares surged and aerospace ETFs gained amid news that Amazon (AMZN) said it’s purchasing 11 used Boeing 767-300 jets from Delta and WestJet. The move happens as airlines struggle to reduce their fleets, in an attempt to mitigate lower demand due to the coronavirus. Amazon and related consumer ETFs gained slightly amid the [...] Read more at ETFtrends.com.
With 2021 in full swing, investors can anticipate clean energy to be one of the top performers with an incoming Joe Biden presidency. If you’re looking to translate into gains via the convenience of an ETF wrapper, then the Invesco WilderHill Clean Energy ETF (PBW) is your fund. PBW seeks to track the investment results of [...] Read more at ETFtrends.com.
Space is often referred to as the final frontier. Indeed, it is a frontier with massive opportunity for investors and that set can be accessed with the ARK Industrial Innovation ETF (NYSEArca: ARKQ). The actively managed ARKQ invests in companies that potentially stand to benefit from increased adoption and utilization of robotics and artificial intelligence [...] Read more at ETFtrends.com.
Energy markets and related exchange traded funds climbed Monday after Saudi Arabia and Russia reached a compromise on oil policy for the Organization of Petroleum Exporting Countries and its allies, or OPEC+, liming output levels to stabilize global crude oil prices. Among the best performing non-leveraged ETFs of Tuesday, the Invesco S&P SmallCap Energy ETF [...] Read more at ETFtrends.com.
As many investors get closer to retirement, they reconfigure portfolios to reduce growth exposure while boosting their income profiles. However, too much income and not enough growth can pressure returns. The Nationwide Risk-Managed Income ETF (NYSEArca: NUSI) is an avenue for establishing this delicate balance. NUSI can act as a complement to traditional equity and [...] Read more at ETFtrends.com.
The VanEck Vectors Video Gaming and eSports ETF (NASDAQ: ESPO) was one of the best-performing thematic exchange traded funds last year as video game equities and ETFs got a big assist from the coronavirus pandemic. Good news: That benefit could last well into the current quarter and beyond. ESPO seeks to track the performance of [...] Read more at ETFtrends.com.
The outlook for actively managed and environmental, social, and governance exchange traded funds in 2021 is bright, but put those two concepts together and the result could be something truly compelling. More investors are embracing environmental, social, and governance (ESG) principles, prompting active managers to enhance their credibility on that front. Actively managed funds are [...] Read more at ETFtrends.com.
Small-cap equities ended 2020 on strong notes and while some market observers believe a near-term pullback, the annual outlook for smaller stocks is exceedingly bright. Still, it pays for asset allocators to examine to go beyond traditional strategies. A unique idea backed by excellent performance is the ERShares International Equity ETF (NYSEARCA: ERSX). ERSX selects [...] Read more at ETFtrends.com.
The energy sector looks like an enigma to some investors. It was the worst-performing group in the S&P 500 last year, but it’s also the only sector that’s legitimately undervalued. Investors willing to bet on a value resurgence and an economic reopening that will stoke higher crude prices can consider exchange traded funds, such as [...] Read more at ETFtrends.com.