In recent trading, shares of Coca-Cola European Partners plc (Symbol: CCEP) have crossed above the average analyst 12-month target price of $45.36, changing hands for $45.62/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: d
In recent trading, shares of WEC Energy Group Inc (Symbol: WEC) have crossed above the average analyst 12-month target price of $95.00, changing hands for $95.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
U.S. stocks were super steady in November on back-to-back upbeat vaccine update. While Pfizer and Moderna already charged-up markets up with their success in COVID-19 vaccine clinical trials at the start of the month, AstraZeneca (AZN) said on Nov 23 that its vaccine, developed i
In recent trading, shares of Brunswick Corp. (Symbol: BC) have crossed above the average analyst 12-month target price of $74.85, changing hands for $75.75/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 Amcor plc (Symbol: AMCR) have crossed above the average analyst 12-month target price of $11.48, changing hands for $11.53/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 Big Lots, Inc. (Symbol: BIG) have crossed above the average analyst 12-month target price of $52.57, changing hands for $55.08/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Intel Corp (Symbol: INTC) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a stunning $32.58B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.66% yield, according to the most recent Dividend Channel ''DividendRan
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
The price of bitcoin hit a new all-time-high on Nov 30, helped by institutional buying. Bitcoin registered its previous all-time high in mid-December 2017. The world's most popular cryptocurrency is up about 160% this year.
With a Joe Biden administration looming, municipal bonds have been in play for fixed income investors. One pertinent idea is a taxable municipal bond, the focus of the Invesco Taxable Municipal Bond ETF (BAB). BAB seeks to track the investment results of the ICE BofAML US Taxable Municipal Securities Plus Index. The underlying index is [...] Read more at ETFtrends.com.
The latest new home sales data has disappointed despite the low interest rates and changing demand patterns in the U.S. housing sector. Per the U.S. Department of Housing and Urban Development and the U.S. Census Bureau data, new home sales declined 0.3% last month to a seasonall
It’s year end – a great time for advisors to reconnect with clients to review financial plans and asset allocation strategies for the coming year. For those seeking high current income in today’s low interest rate environment, the Fed’s “lower-for-longer” outlook creates a unique set of challenges. In the upcoming webcast, Targeting High Monthly Income [...] Read more at ETFtrends.com.
November was a historic month for stocks-- the Dow was up about 11.8% for the month, the S&P 500 rose 10.8% while the Nasdaq gained 11.8%. Unlike earlier this year, when the rally was led mainly by mega-cap tech stocks, economically sensitive areas emerged as the biggest winn
Asset management firm Emles Advisors has expanded on its exchange traded fund suite with two new strategies, one aimed at the luxury brand theme and another which provides a protective tilt for those wary of economic pullback. Emles Advisors has launched the Emles Protective Allocation ETF (DEFN) and the Emles Luxury Goods ETF (LUXE), which [...] Read more at ETFtrends.com.
The coronavirus outbreak continues to aggravate globally. The United States has been struggling with the rising number of coronavirus cases and the Thanksgiving weekend has seen an exponential rise in the number of cases. Making the situation worse, the increasing number of hospi
U.S. markets and stock exchange traded funds climbed Tuesday toward a new record, as optimism over an eventual Covid-19 vaccine and economic recovery helped sustain the broad rally. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 1.3%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.6%, and iShares Core S&P 500 ETF (NYSEArca: [...] Read more at ETFtrends.com.
After selling off since early November, silver and its related ETFs are showing signs of life on Tuesday, rallying along with stocks and index ETFs on the first day of December. Silver futures prices are surging in midday U.S. trading Tuesday, up more than 6.5%, amid significant short covering in the futures market, as well [...] Read more at ETFtrends.com.
As Joe Biden transitions into the White House, investors should consider incorporating environmental, social and governance, or ESG, exchange traded fund strategies into a diversified portfolio for the new administration ahead. “We think a Biden administration will create a friendlier regulatory environment for investors and issuers with policies focused on climate change, carbon reduction and [...] Read more at ETFtrends.com.
By Spinnaker Trust The growth in dollars invested in ESG continues to accelerate unabated. Inflows into ESG ETFs jumped to $24 billion in 2020 YTD (through October), which is 3x the 2019 level. The future of ESG looks strong under any administration, but the path certainly looks smoother under a Joe Biden/Kamala Harris Presidency. The [...] Read more at ETFtrends.com.
U.S. stocks and index ETFs vaulted upwards on Tuesday, starting December on a high note, as the Dow Jones Industrial Average targeted the 30,000 level once again. The Dow added 0.9%, while the S&P 500 and Nasdaq Composite chartered fresh, all-time highs, climbing more than 1.25% apiece. With most of the market sectors in the green, [...] Read more at ETFtrends.com.