![]() ![]() ![]() "We believe the stock now better reflects our positive long-term view of the company’s growth potential and competitive positioning post the substantial move higher YTD," Goldman Sachs analyst Mark Delaney wrote in a note in Monday. The downgrades indicate the market is finally correctly pricing in the potential for future earnings, and therefore, the stocks might be priced just fine where they stand today. In fact, in some cases, analysts are still expecting the stocks to go up. Importantly, the downgrades aren't saying that things look overly gloomy for some of the tech stalwarts. Two weeks ago, his colleague at UBS David Vogt downgraded Apple from Buy to Neutral, noting that "growth is likely to remain under pressure." Three analysts have now downgraded Tesla in less than a week. Walmsley joins a growing list of big tech analysts to caution about future upside in the 2023 rally. To read this article on click here."It's difficult to model upside to our current high-single-digit growth estimates," UBS analyst Lloyd Walmsley said in a note on Monday that downgraded Alphabet shares from Buy to Neutral. Vanguard Total World Stock ETF (VT): ETF Research Reports IShares MSCI ACWI ETF (ACWI): ETF Research Reports Let's take a closer look at these three growth stocks and see why. ![]() Tech giants like Amazon (NASDAQ: AMZN), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) watched their stocks plunge 50, 55, and 27, respectively, throughout 2022. Microsoft Corporation (MSFT) : Free Stock Analysis Report Last year, a lengthy bear market highlighted the importance of investing in reliable growth stocks. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV): ETF Research ReportsĪpple Inc. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the World ETFs. ACWI has an expense ratio of 0.32% and VT charges 0.07%. IShares MSCI ACWI ETF has $17.43 billion in assets, Vanguard Total World Stock ETF has $27.80 billion. IShares MSCI ACWI ETF (ACWI) tracks MSCI All Country World Index and the Vanguard Total World Stock ETF (VT) tracks FTSE Global All Cap Index. However, there are other ETFs in the space which investors could consider. Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF is a reasonable option for investors seeking to outperform the World ETFs segment of the market. With about 401 holdings, it effectively diversifies company-specific risk. GLOV has a beta of 0.76 and standard deviation of 16.35% for the trailing three-year period. GLOV has traded between $34.82 and $41.48 during this last 52-week period. Tech stocks have rebounded so well from their down year in 2022 that there might not a buying opportunity there anymore. The ETF has gained about 6.84% and is up roughly 11.50% so far this year and in the past one year (as of ), respectively. The stock market's biggest winners are getting downgraded by Wall Street. The top 10 holdings account for about 13.3% of total assets under management. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 2.98% of the fund's total assets, followed by Microsoft Corp (MSFT) and Oreilly Automotive Inc (ORLY). Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. It's 12-month trailing dividend yield comes in at 2.03%.Įven though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.Īnnual operating expenses for GLOV are 0.25%, which makes it one of the cheaper products in the space. Investors should also pay attention to an ETF's expense ratio. The Goldman Sachs ActiveBeta World Low Vol Plus Equity Index delivers exposure to large and mid-capitalization equity securities of developed market issuers, including the United States. GLOV seeks to match the performance of the GOLDMAN SACHS ACTBT WORLD LW VL PL EQ ID before fees and expenses. The fund is managed by Goldman Sachs Funds, and has been able to amass over $706.36 million, which makes it one of the larger ETFs in the World ETFs. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies however, not all of these strategies can deliver superior results. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. ![]()
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