|Bid||0.00 x 1200|
|Ask||32.00 x 4000|
|Day's Range||27.75 - 28.16|
|52 Week Range||20.22 - 35.86|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.87|
|Expense Ratio (net)||0.79%|
Healthcare took a hit recently on Johnson & Johnson news and a federal judge ruling. The rough trading also spread into the ETF world.
In the biotechnology and pharmaceuticals industries, pride of place can be a crucial factor in a company's success. Companies race to develop products and new drugs in the hopes that they will advance through multiple phases of testing by the U.S. Food and Drug Administration (FDA). Although it's rare for a new drug to officially receive approval, when this happens, it is a tremendous boon for the developing company.
After a bumpy ride in the first half of the year, global stocks are bouncing back, with iShares MSCI ACWI Index Fund (NASDAQ:ACWI), which targets the global stock market, up 1% last week. The U.S. stocks, as indicated by SPDR S&P 500 ETF (NYSEARCA:SPY), which tracks the S&P 500 index, is up 1.5% to start the second half versus 0.6% gain for Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU), which targets the international equity market excluding the United States.Source: Investment Zen via Flickr (Modified)
As promised, President Donald Trump confirmed that he will fire the first shot in the trade war against China by levying tariffs on $34 billion of Chinese imports starting today, triggering almost sure-shot chances of retaliations. Not only China, the European Union is also prepared to cap its imports of steel as part of a knock-on effect of Trump’s protectionism.Source: A Closer Listen
Value investing is gaining popularity by the day. Buffett believes that proper understanding of the “intrinsic value” of a stock makes the task easier. Yardsticks such as dividend yield, the ratio of price to earnings or to book value are the most common forms of intrinsic value calculation, which can easily single out stocks that the market is currently undervaluing.