In recent trading, shares of Dick's Sporting Goods, Inc (Symbol: DKS) have crossed above the average analyst 12-month target price of $45.23, changing hands for $46.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $191.17, changing hands for $199.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
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 itse
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 itse
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 itse
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 itse
The technology sector continues being strong amid the coronavirus crisis. The strength in the big tech stocks also resulted in the 1% rally in the Nasdaq Composite, hitting a new record close at 11,264.95 on Aug 20. The tech-heavy index touched its 19th record closing high since
The semiconductor industry has been strong amid the coronavirus outbreak largely due to the expanding digitization and growing dependency on Internet. In fact, the S&P Semiconductor Select Industry Index has returned around 15.5% so far this year compared with the S&P 50
In trading on Friday, shares of the ProShares UltraShort S&P500 ETF (Symbol: SDS) entered into oversold territory, changing hands as low as $15.89 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
Another round of upbeat data from the U.S. housing market signals that the sector is gaining the momentum back. According to the U.S. Housing and Urban Development and Commerce Department, total housing starts rose 22.6% (the biggest gain since October 2016) to a seasonally-adju
It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high-quality in nature.
Chinese e-commerce giant Alibaba Group BABA reported strong first-quarter fiscal 2021 results before the opening bell on Aug 20, wherein it beat earnings and revenue expectations.Earnings of $2.10 per ADS beat the Zacks Consensus Estimate of $1.97 and increased 14.8% year over y
In trading on Friday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Beacon Roofing Supply, up about 2.4% and shares of Floor & Decor Holdings, up about 2.3
Global stocks were off to a solid start in the third quarter buoyed by a roaring American stock market. The combination of unprecedented fiscal and monetary stimulus in response to the pandemic, hopes of a swift economic rebound and high chances of a successful coronavirus vacci
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Industrials ETF (Symbol: VIS) where we have detected an approximate $68.4 million dollar outflow -- that's a 2.2% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Retail ETF (Symbol: XRT) where we have detected an approximate $108.7 million dollar outflow -- that's a 19.8% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Global Clean Energy ETF (Symbol: ICLN) where we have detected an approximate $86.4 million dollar inflow -- that's a 7.9% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Medical Devices ETF (Symbol: IHI) where we have detected an approximate $147.1 million dollar outflow -- that's a 1.8% decrease week o