|Bid||188.18 x 1400|
|Ask||188.40 x 3100|
|Day's Range||183.92 - 188.45|
|52 Week Range||95.69 - 188.45|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||12.13%|
|Beta (5Y Monthly)||1.20|
|Expense Ratio (net)||0.19%|
Investors focused their buying power on beaten-down areas during the month.
Survivorship bias almost compounded weaknesses for U.S. bomber planes. Don't let something similar cloud longer-term data in stocks.
This is an ideal environment for midcaps, defined as companies with a stock-market value of $2 billion to $10 billion, and small-caps ($300 million to $2 billion in market capitalization). “Small companies have greater operating leverage so their profits grow faster,” says Jim Paulsen, market strategist and economist at the Leuthold Group. Already, earnings estimates for the S&P 600 are going up faster than estimates for S&P 500 companies.