In recent trading, shares of DoubleVerify Holdings Inc (Symbol: DV) have crossed above the average analyst 12-month target price of $34.92, changing hands for $34.99/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
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
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
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 Thor Industries, Inc. (Symbol: THO) have crossed above the average analyst 12-month target price of $81.33, changing hands for $81.98/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 Penumbra Inc (Symbol: PEN) have crossed above the average analyst 12-month target price of $316.45, changing hands for $320.86/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 Vipshop Holdings Ltd (Symbol: VIPS) have crossed above the average analyst 12-month target price of $15.49, changing hands for $15.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
By Jeremy Schwartz, CFA Global Chief Investment Officer Follow Jeremy Schwartz @JeremyDSchwartz This article is relevant to financial professionals who are considering offering model portfolios to their clients. If you are an individual investor interested in WisdomTree ETF Model Portfolios, please inquire with your financial professional. Not all financial professionals have access to these Model [...]
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By Kevin Flanagan Head of Fixed Income Strategy Follow Kevin Flanagan @KevinFlanaganWT As I write this blog post, the debt ceiling saga is unfortunately still ongoing, but definitive progress has been made. According to reports, the Biden Administration and Congressional Republican negotiators have agreed to a debt ceiling/budget deal, with the expectation that a vote in the [...]
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By Nick Frasse Associate Product Manager There’s no summertime sadness in the semiconductor industry, thanks in part to chip demand from generative AI applications like OpenAI’s ChatGPT. In recent years, the semiconductor industry has experienced a notable departure from its traditional cyclical patterns, embracing a more secular behavior that defies the ups and downs tied [...]
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By Jeremy Schwartz, CFA Global Chief Investment Officer Follow Jeremy Schwartz @JeremyDSchwartz There is an important factor impacting the earnings of S&P 500 companies that also carries implications for potential diversification when investing abroad. Many believe a good reason to invest outside the U.S. is to obtain foreign currency exposure as an attractive diversifier. These investors obtain that exposure [...]
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Shares of the Santa Clara, California-based chipmaker rocketed up more than 24% on Thursday. If you were doubting whether the age of AI has arrived, NVIDIA’s stock performance last week may have given you second thoughts. Shares of the Santa Clara, California-based chipmaker rocketed up more than 24% on Thursday, marking one of the top [...]
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By Brandon Rakszawski Director of Product Management Though rising AI demand helped drive the chip firm’s Q1 results and staggering Q2 guidance, Nvidia’s wide economic moat is strengthened by more than just AI—but is the stock overvalued? Nvidia Stock Analysis: More Than Meets the AI Nvidia Corp. (Ticker: NVDA) stole the spotlight as its first quarter [...]
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Cash alternatives continue to be particularly appealing this year given market stress and investor uncertainty. The NEOS Enhanced Income Cash Alternative ETF (CSHI) remains a popular choice with investors, with a noteworthy distribution and SEC yield. CSHI currently offers a distribution yield of 6.39% as of 05/31/2023 and a 30-day SEC yield of 4.63%. Distribution [...]
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The yields on the 10-year note ended June 2, 2023 at 3.69%, the 2-year note ended at 4.50%, and the 30-year at 3.88%. Here is a table showing the yields’ highs and lows and the FFR since 2007. The charts below shows the daily performance of several Treasury bonds since the pre-recession days of equity [...]
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EV manufacturers in China almost all reported rising sales in May as consumer and EV market recovery continues. As demand continues to grow, the KraneShares Electric Vehicles and Future Mobility ETF (KARS) remains well positioned to capture gains. China is home to the largest EV market globally and all but one EV manufacturer reported year-over-year [...]
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To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn.
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In trading on Friday, shares of the DFAT ETF (Symbol: DFAT) crossed above their 200 day moving average of $44.33, changing hands as high as $44.48 per share. DFAT shares are currently trading up about 4.2% on the day. The chart below shows the one year performance of DFAT sha
In trading on Friday, shares of the DFAS ETF (Symbol: DFAS) crossed above their 200 day moving average of $52.21, changing hands as high as $52.82 per share. DFAS shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of DFAS sha
In trading on Friday, shares of the HNDL ETF (Symbol: HNDL) crossed above their 200 day moving average of $20.16, changing hands as high as $20.19 per share. HNDL shares are currently trading up about 1% on the day. The chart below shows the one year performance of HNDL share