|Bid||197.52 x 800|
|Ask||204.67 x 1200|
|Day's Range||200.56 - 202.04|
|52 Week Range||148.42 - 212.07|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.16|
|Expense Ratio (net)||0.43%|
While healthcare and consumer staples are the go-to sectors in a recession, technology can still thrive even in a market downturn. As such, investors might want to consider taking a closer look at technology exchange-traded funds (ETFs) as a value-infused option. Technology Select Sector SPDR ETF (XLK) : The Technology Select Sector SPDR Fund tries to reflect the performance of the Technology Select Sector Index, which is comprised of technology and telecom sector of the S&P 500.
While Treasury notes and precious metals are the default safe havens amid a raucous equities market, one stock analysts are loving is Apple. While the capital markets are getting roiled by volatility, Apple can help mute the impact of trade wars, according to some analysts. “We believe Apple is more likely to absorb all the tariff impact and not raise prices on iPhone shipments and other hardware devices into the US, which we estimate will lead to a ~300 bps headwind to iPhone margins,” J.P. Morgan analysts said.
Apple encouraged investors with robust third-quarter fiscal 2019 results. It returned to revenue growth after two consecutive quarters of decline and offered a better-than-expected outlook for fiscal fourth quarter.
Apple has returned about 31.7% over the past three months, slightly outperforming the industry's gain of 31.1%. The momentum may continue if the company beats estimates in the soon-to-be reported quarter.
Brushing aside the latest antitrust probe news, the tech ETFs surged on upbeat earnings, likely Fed policy easing and inherent strength of the sector.
Apple is said to be buying Intel's 5G modem business to integrate the technology into its iPhones and bring it on line in 2020. These ETFs would rally if the move materializes.
Investors are worried about possible federal antitrust action on big technology companies, and that’s one factor contributing to the technology sector struggling in recent weeks. Investors would do well to review the stock market’s reaction to past antitrust actions. Consider the suit filed in January 1969 against IBM (IBM) , in which the U.S. government sought to break up the company.
Big tech stocks jointly injected about $330 billion in market value together over the past five trading sessions, per Wall Street Journal. Which ETFs benefited the most?
Like other cyclical sectors, the technology sector has recently been stung by the flareup in trade tensions between the U.S. and China. While that is an obvious headwind for exchange traded funds, such as the iShares U.S. Technology ETF (IYW) , some market observers are recommending investors stick with tech this summer. While the sector is facing some near-term headwinds, technology remains home to some of the most prodigious free cash flow generators in the U.S. and that is a factor for long-term investors to remember.
Google's move to revoke Huawei's operating license for Android is not really separate from the larger US-China trade dispute, according to one expert.
Like other cyclical sectors, the technology sector has recently been stung by the flareup in trade tensions between the U.S. and China. While that is an obvious headwind for exchange traded funds, such as the iShares U.S. Technology ETF (IYW) , some market observers are recommending investors stick with tech this summer. Due to the Dow Jones’ classification of information tech names, healthcare technology stocks may be included while payment technology stocks are excluded.
Over 40 years ago, not even Apple founders Steve Jobs and Steve Wozniak could fathom the heights the startup would reach since the introduction of the Apple I computer. Now the company continues its off-and-on ...
For the companies that have reported first-quarter earnings thus far in the technology sector, 78.9% have beaten EPS estimates and 71.1% beat revenue estimates. For investors who aren’t already allocated ...
Based on strong beat and outlook, shares of Apple climbed as much as 6% a day after the results that helped the company to reclaim the trillion dollar market cap.
Microsoft delighted investors with stellar fiscal third-quarter 2019 results. Investors seeking to bet on the strength of this software leader could tap these ETFs.
U.S. Manufacturing PMI increased to 55.3 in March from February???s 54.2 and beat expectations. These industry ETFs and stocks could be good picks in an improving backdrop.
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