|Bid||37.92 x 1200|
|Ask||37.97 x 900|
|Day's Range||37.87 - 38.03|
|52 Week Range||31.25 - 38.03|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.86|
|Expense Ratio (net)||0.07%|
Fed's rate cut optimism, oil price rally, large-cap outperformance and U.S.-China short-term trade negotiations boosted Dow Jones to this height, benefiting Dow-heavy ETFs.
The Dow Jones registered its best week since November. This is likely to benefit a few funds given the Mexico trade deal, a dovish Fed and possibilities of an oil price rally.
IBM has been on an uptrend so far this year, gaining 26.9%, and has outperformed the industry's average growth of 26% by a thin margin. The positive trend might continue if IBM beats earnings estimates.
Will IBM’s New Hoard of Data Affect Bias in Facial Recognition?IBM’s trove of facial dataYesterday, IBM (IBM) released a hoard of data of 1 million facial images obtained from a Flickr dataset of 100 million photos and videos. These images are
What to Expect from Caterpillar's Q4 Earnings(Continued from Prior Part)Analysts’ recommendations Analysts’ interest in Caterpillar (CAT) has remained constant since its third-quarter earnings. Among the 29 analysts tracking Caterpillar, 62%
IBM posted its first annual revenue growth since 2011, reflecting a shift toward faster-growing segments. Investors could tap the opportunity with these ETFs.
Caterpillar’s (CAT) Construction Industries segment is the company’s biggest revenue contributor. The segment had a revenue share of 42.10% in the third quarter. The segment’s revenue share fell by 0.7 percentage points on a YoY basis.
Analysts’ interest in Caterpillar (CAT) has been increased since its second-quarter earnings. The analysts tracking Caterpillar increased from 27 to 30. Among the analysts, 60% recommend a “buy,” 33% recommend a “hold,” and 7% recommend a “sell.”
As of August 30, 3M’s (MMM) one-year forward PE multiple is 19.24x. In comparison, Honeywell (HON) and Stanley Black & Decker (SWK) have one-year forward PE multiples of ~18.5x and 15.60x, respectively. The forward PE multiple takes future earnings into consideration.
Invesco Ltd. (IVZ), the fourth-largest U.S. issuer of exchange traded funds, said it is lowering fees on three of its smart beta ETFs. “Invesco seeks to deliver an experience that helps investors get more out of life. Invesco lowered the annual fee on the Invesco Dow Jones Industrial Average Dividend ETF (DJD) to 0.07% from 0.30%.
There weren’t any changes in the number of analysts tracking 3M or their recommendations after 2018 earnings. 15 analysts continued to track 3M. Among them, 27% have recommended “buys” on the stock, 46% have recommended “holds” on the stock, and 27% have recommended “sells” on the stock.
Since the beginning of 2018, the number of analysts tracking Caterpillar (CAT) has risen from 26 to 27. Among them, 59% of analysts have “buy” recommendations, 33% have “hold” recommendations, and 8% have “sell” recommendations on the stock. Analysts’ consensus estimate for Caterpillar indicates a target price of $170.00, implying a return potential of 21% over its closing price on July 25.