In recent trading, shares of Marathon Oil Corp. (Symbol: MRO) have crossed above the average analyst 12-month target price of $30.06, changing hands for $30.18/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 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
Investors itching to balance their 60/40 split with strong fixed income options might want to look past the Total Return Funds and standard Treasuries for the consistent value found in low-fee TIPS ETFs, according to Bill Gross. In a commentary published on Advisor Perspectives, Gross shared his concerns regarding the shifting nature of total return [...] Read more at ETFtrends.com.
Microsoft beat expectations for its top and bottom lines for the quarter that ended September 30. Despite the tech giant’s shares falling after it offered weak quarterly guidance, analysts are still bullish on the stock and remain confident in its growth potential. “Looking beyond near-term dynamics, we remain constructive as we see the company well [...] Read more at ETFtrends.com.
This quarter’s earnings season is a good reflection of the complexity that markets are grappling with: mostly positive earnings from the financial sector buoyed hopes in the first week, only to have sentiment take a hard left when Big Tech began reporting large misses, surrounded by disappointments from major companies across sectors. Continued market volatility [...] Read more at ETFtrends.com.
VettaFi vice chairman Tom Lydon appeared on Yahoo!Finance to discuss tech’s slide and the state of the markets. “For the first time in 20 years, we’re seeing active managers actually outperform some of their counterparts that they benchmark against,” @Vetta_Fi Vice Chairman @TomLydon says. “That’s good for the ETF business.” pic.twitter.com/y2WFhvFLdV — Yahoo Finance (@YahooFinance) [...] Read more at ETFtrends.com.
Vikram Malhotra, the co-author of ‘CEO Excellence’ and Senior Partner at McKinsey and Company, joins Dan Weiskopf for this episode of The Blockchain Interviews. Intro Vocals 0:01 You’re watching the blockchain interviews hosted by Dan Weiskopf. Each episode features interviews with leading industry experts so that viewers can have a deeper understanding of today’s quickly [...] Read more at ETFtrends.com.
October may be the spooky season, but for silver, it is “opportunity season.” Silver prices continued to move higher today following the U.S. Dollar Index taking a hit. Writing for Kitco, Jim Wycoff noted that, “here are some very recent near-term technical developments that are now suggesting the U.S. dollar index has put in a [...] Read more at ETFtrends.com.
Investors should consider the benefits of a broad-based commodity ETF approach in the current market environment. In the recent webcast, The Case for Broad-Based Commodities, Hakan Kaya, managing director at Neuberger Berman, warned of the shortcomings of traditional stock and bond portfolios, especially when it comes to periods of heightened inflationary pressures. Alternatively, he highlighted [...] Read more at ETFtrends.com.
The ALPS Disruptive Technologies ETF (DTEC) is rallying while Big Tech falls on disappointing earnings results from Alphabet (GOOGL) and Microsoft (MSFT). DTEC is up over 2% mid-day Wednesday and has increased nearly 7.5% over the past five days. Meanwhile, shares of Microsoft and Alphabet fell 8% in early trading Wednesday, bringing down other Big [...] Read more at ETFtrends.com.
While Google parent Alphabet reported lackluster earnings after the closing bell on Tuesday, the tech giant did report strong free cash flow for Q3. Alphabet reported more than $16 billion in free cash flow for the quarter that ended September 30. Free cash flow is the cash left over after a company has paid expenses, [...] Read more at ETFtrends.com.
Many advisors may be surprised to see a clean energy ETF topping VettaFi’s list of the 100 Highest 5-Year ETF Returns. The Invesco Solar ETF (TAN) has returned 205.4% over a five-year period ending October 25, the highest five-year return out of all ETFs. The next best-performing ETF, the First Trust NASDAQ Clean Edge Green [...] Read more at ETFtrends.com.
As 2022 draws to a close, investors are already looking at ways to minimize their tax burden for what’s been a challenging investment environment this year. The good news is that those losses can be deducted thanks to tax loss harvesting, as investors can use thematic exchange-traded funds (ETFs) with high-growth potential as an option [...] Read more at ETFtrends.com.
As markets have tumbled, investors have been putting money into value ETFs. Not only have value funds outperformed growth throughout 2022, but they are also typically higher quality and tend to pay dividends. “We’re seeing investors gravitating towards companies that are profitable today as opposed to companies that will be more profitable in the future,” [...] Read more at ETFtrends.com.
T. Rowe Price has launched the T. Rowe Price U.S. High Yield ETF (NYSE Arca: THYF), the firm’s fourth actively managed fixed income exchange-traded fund. The actively managed ETF is available to the public beginning today on NYSE Arca. Managed by the same investment team led by Kevin Loome and using the same process as [...] Read more at ETFtrends.com.
VettaFi vice chairman Tom Lydon appeared on Fox Business’s “Mornings With Maria” along with Payne Capital Management president Ryan Payne and host Maria Bartiromo to discuss the state of the markets as earnings reports roll in and the opportunities available in small-caps. Watch the latest video at foxbusiness.com Payne thinks that tech is a “victim of [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the iShares U.S. Healthcare ETF (Symbol: IYH) crossed above their 200 day moving average of $272.95, changing hands as high as $274.70 per share. iShares U.S. Healthcare shares are currently trading up about 1.6% on the day. The chart below