|Bid||0.0000 x 1000|
|Ask||0.0000 x 800|
|Day's Range||33.2400 - 33.4100|
|52 Week Range||31.3300 - 34.9700|
|PE Ratio (TTM)||20.76|
|Expense Ratio (net)||0.63%|
Dec.27 -- 'Tis the season to be gathering with friends and family - which means eating and drinking at various events. Investors seeking exposure to the food-and-beverage industry have a popular ETF choice, and it goes by a ticker we all know and love. Bloomberg's Scarlet Fu explains.
Consumer discretionary ETFs may find support from strong consumer confidence and a tight labor market that helped fuel Americans' spending in the third quarter. According to the Commerce Department, retail sales - a measure of spending at U.S. stores, websites and restaurants - rose 0.5% in July month-over-month, compared to economists’ forecasts for a 0.1% gain, the Wall Street Journal reports. The growth in retail sales was driven by improved spending at grocery stores, restaurants, department stores and clothing stores.
Come July, visitors to Las Vegas can add one more stop to their list of must-sees: a Jack Link’s Wild Side store filled with all the jerky Sin City can buy. It’s the second location, a store-within-a-store, that Jack Link’s has opened. Meat snacks are a $2.8 billion category, according to the most recent Nielsen data available, with jerky experiencing 7% growth for the year ending Feb. 25, 2017.
At the end of April, there were nearly 1,900 exchange-traded funds (ETFs) trading hands in the U.S. Just this year, approximately 100 new ETFs have come to market. With numbers like that, you’re bound to run into a few products out there that could diverge from the pack. These are considered “strange ETFs.”
Betting on ETFs from these corners of the market should be a winning strategy for investors seeking to rake in profits from higher spending on St. Patrick's Day.
March arrives Thursday and that could bring sector-level seasonal opportunities for tactical traders. One exchange traded fund to consider is the PowerShares Dynamic Food & Beverage Portfolio (NYSEArca: ...
There were no recommendation changes from Wall Street analysts on Sprouts Farmers Market (SFM) after its 4Q17 results. It has a better rating than most food retailers such as Kroger (KR) at 2.4, Walmart (WMT) at 2.3, and SuperValu (SVU) at 2.8. A total of 61% of the analysts covering SFM have set “buy” recommendations on the stock.
After delivering a 15% YoY (year-over-year) rise in 2017, Sprouts Farmers Market’s (SFM) management now expects an 11.5%–12.5% YoY rise in its 2018 net sales. SFM’s sales comps are expected to improve 2.5%–3.5% during 2018. Management expects a slight deleverage in SFM’s 2018 gross margin compared to the previous year.
New orders for consumer goods and materials give investors an insight into the demand for goods and form an important constituent of the Conference Board LEI (Leading Economic Index). Changes to…
As per the latest JOLTS report, about 2.1 million Americans quit their jobs voluntarily in August, which was a decrease of 70,000 from the previous reading.