In recent trading, shares of Ryder System, Inc. (Symbol: R) have crossed above the average analyst 12-month target price of $63.86, changing hands for $64.17/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 C4 Therapeutics Inc (Symbol: CCCC) have crossed above the average analyst 12-month target price of $37.00, changing hands for $37.05/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 Two Harbors Investment Corp (Symbol: TWO) have crossed above the average analyst 12-month target price of $6.44, changing hands for $6.63/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 ChampionX Corp (Symbol: CHX) have crossed above the average analyst 12-month target price of $14.85, changing hands for $15.08/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 Allegheny Technologies, Inc (Symbol: ATI) have crossed above the average analyst 12-month target price of $16.29, changing hands for $16.78/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 American Express Co. (Symbol: AXP) have crossed above the average analyst 12-month target price of $116.28, changing hands for $116.95/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 Crane Co. (Symbol: CR) have crossed above the average analyst 12-month target price of $76.33, changing hands for $76.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, o
In recent trading, shares of CAE Inc (Symbol: CAE) have crossed above the average analyst 12-month target price of $26.37, changing hands for $27.09/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or
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 —
Consumer confidence in the United States seems to be sinking despite the introduction of a coronavirus vaccine. Weak labor market conditions and increasing restrictions due to the aggravating pandemic might be weighing on the metric, explaining the decline for the second consecut
Socially responsible investments that track environmental, social, and governance principles have outperformed this year and attracted greater inflows, but this does not necessarily mean a bubble is forming in the asset category. “Overall, our findings deflate the notion of an ESG bubble during our sample period. If rising inflows into ESG investing had created a [...] Read more at ETFtrends.com.
There’s a lot of chatter in the personal financial space on whether a 60-40 allocation of stocks and bonds can still fly in the current market environment. Investors who still want to opt for tradition can use two ETFs: the iShares Core S&P 500 ETF (NYSEArca: IVV) and the iShares Core U.S. Aggregate Bond ETF (NYSEArca: [...] Read more at ETFtrends.com.
It’s one thing to discuss the economics of investing in the biotech sector, but it’s another to discuss genomics. The sub-sector of the biotech industry has seen strong growth as evidenced by the over 60% gain year-to-date for the Global X Genomics & Biotechnology ETF (GNOM), according to Morningstar performance numbers. GNOM seeks to provide [...] Read more at ETFtrends.com.
U.S. Treasury bond exchange traded funds slipped Wednesday, with the yield curve steepening to a four-year high, as risk appetite improved on signs that negotiations between the United Kingdom and European Union were progressing toward a historic post-Brexit trade deal. The iShares 7-10 Year Treasury Bond ETF (IEF) dipped 0.3% while yields on benchmark 10-year [...] Read more at ETFtrends.com.
European exchange traded fund investors dumped S&P 500 exposure for the more technology-heavy Nasdaq-100 and a number of sector picks, like those that track so-called sustainable indices. According to Invesco data, in the six years ended 2019, 59% of the $91 billion of net new money European ETF investors pumped into U.S. equities went into [...] Read more at ETFtrends.com.
Silver is up over 1% on Wednesday, after falling steeply in the prior session. The industrial metal found support near the $22 per ounce level late last month and climbing more than 20% throughout December to reach over $27.50. The iShares Silver Trust (SLV) gained 1.71% as the holiday week continues and could present an opportunity for [...] Read more at ETFtrends.com.
Pfizer Inc. (PFE) and BioNTech SE (BNTX) have again posted encouraging updates regarding their coronavirus vaccine candidate, BNT162b2. The duo’s two-shot vaccine has been given the conditional marketing authorization (CMA) by the European Commission. BNT162b2 is also the first
The VanEck Vectors Coal ETF (KOL) may no longer be trading as of December 22, but that only opens up opportunities for ETF investors to play a move away from fossil fuels. One fund to consider is the VanEck Vectors Low Carbon Energy ETF (SMOG), which has been delivering returns of over 100% this year [...] Read more at ETFtrends.com.
The sun and clean energy: those are the two hints you get to figure out this pair of ETFs from Invesco that have been providing stellar returns in a pandemic-riddled year. Answer: the Invesco Solar ETF (TAN) and the Invesco WilderHill Clean Energy ETF (PBW). The pair topped a list of top 10 ETFs that [...] Read more at ETFtrends.com.
Getting emerging markets (EM) exposure can be a slippery slope to climb since the value of its assets will be affected by the strength or weakness of the local currency. This underscores the importance of having a currency hedging component, which investors can get built in to ETFs like the Xtrackers MSCI Emerging Markets Hedged [...] Read more at ETFtrends.com.