Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Scotts Miracle-Gro Co (Symbol: SMG). The average 12-month price target for SMG — averaging the work of 5 analysts — reveals an average price target of $179.
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with 10x Genomics Inc (Symbol: TXG). The average 12-month price target for TXG — averaging the work of 7 analysts — reveals an average price target of $132.28/sha
In recent trading, shares of Scientific Games Corp (Symbol: SGMS) have crossed above the average analyst 12-month target price of $40.20, changing hands for $41.55/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 Sage Therapeutics Inc (Symbol: SAGE) have crossed above the average analyst 12-month target price of $87.56, changing hands for $87.81/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 Simply Good Foods Company (Symbol: SMPL) have crossed above the average analyst 12-month target price of $26.17, changing hands for $28.62/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 Zentalis Pharmaceuticals Inc (Symbol: ZNTL) have crossed above the average analyst 12-month target price of $51.50, changing hands for $52.98/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
In recent trading, shares of Leslie's Inc (Symbol: LESL) have crossed above the average analyst 12-month target price of $24.55, changing hands for $25.85/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 Mimecast Ltd (Symbol: MIME) have crossed above the average analyst 12-month target price of $55.64, changing hands for $58.20/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 Proofpoint Inc (Symbol: PFPT) have crossed above the average analyst 12-month target price of $136.21, changing hands for $136.87/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 Life Storage Inc (Symbol: LSI) have crossed above the average analyst 12-month target price of $118.00, changing hands for $119.27/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Cloudera Inc (Symbol: CLDR) have crossed above the average analyst 12-month target price of $13.78, changing hands for $14.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
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 —
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
In recent trading, shares of Ionis Pharmaceuticals Inc (Symbol: IONS) have crossed above the average analyst 12-month target price of $58.58, changing hands for $58.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
The O’Shares Global Internet Giants ETF (OGIG) generated over a 109% return in the 1-year ending December 16, 2020, outperforming the NASDAQ 100 Stock Index by over 60%. This performance reflects the OGIG index and portfolio of 60 plus e-commerce and internet stocks, selected for quality and revenue growth. Additionally, the strong performance and investor [...] Read more at ETFtrends.com.
As we wrap up a stellar 2020 for socially responsible investing, investments that track environmental, social, and governance principles may be looking at another big year. Linda-Eling Lee, global head of research for MSCI’s ESG Research Group, argued that after an “extraordinary year” in 2020, ESG-themed investments should maintain their momentum as interest in sustainable [...] Read more at ETFtrends.com.
As Tesla (NasdaqGS: TSLA) makes it into the S&P 500 Index, the shift in the electric vehicle maker reveals the importance of how indexing can affect exchange traded fund investors. For example, the S&P Completion Index tracks, which tracks all U.S. stocks except those in the S&P 500, has outperformed this year largely due to [...] Read more at ETFtrends.com.
As the new year approaches, investors can look to cheap index-based exchange traded fund strategies to create a well-rounded, diversified investment portfolio for 2021. “Diversification helps investors to navigate fast-changing markets and stay the course to pursue their financial goals. This year offered a masterclass in how diversification through index-based ETFs could have helped the [...] Read more at ETFtrends.com.
As the popularity of exchange traded funds explodes, some traditional mutual fund providers are trying to convert their products to ETFs, but they will have a tough slog through uncharted regulatory roads. Three fund companies have already revealed plans to convert mutual funds to ETFs, and more are likely to follow suit, the Financial Times [...] Read more at ETFtrends.com.
The wind seems to be blowing in favor of the market now. Though 2020 has been roiled by the coronavirus pandemic, 2021 might see a turnaround in the U.S. economy. Despite the pandemic-led obstacles, the Dow Jones Industrial Average is up 5.8% for the year. Going on, the S&P 5