|Bid||34.89 x 1100|
|Ask||34.97 x 900|
|Day's Range||34.85 - 35.06|
|52 Week Range||27.65 - 40.16|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||14.24%|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.58%|
Shoppers recently indulged in Black Friday and Cyber Monday, two of the most important days on the retail calendar. In other words, ETFs such as the ProShares Online Retail ETF (ONLN) are useful for investors throughout the year. ONLN seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index.
Amid the tug of war between bulls and bears, we have highlighted some investing ideas that could prove to be extremely beneficial for investors this holiday season.
Black Friday came and went then when all the smoke cleared, brick-and-mortar retail sales fell by 6.2% versus last year based on initial data from retail analytics company ShopperTrak, which continues to fortify the position that consumers are opting for online shopping. This falls in line with online shopping data from Adobe Analytics, saying that Black Friday sales hit $7.4 billion, which makes it the largest online Black Friday ever. Meanwhile, Amazon, the dominant U.S. e-commerce retailer, has gained about 20% this year.
Adobe showed online retail sales on Thursday will reach a record level of $4.4 billion. “The strong online sales performance to-date suggests that holiday shopping starts much earlier than ever before,” said Jason Woosley, vice president of commerce product and platform at Adobe, in a statement. Others such as Kohl’s, Gap and Macy’s have struggled as shopping continues to move away from brick-and-mortar retailers in favor of online shopping.
While an individual stock is certainly a great option to tap the Black Friday deals in the investment world, a basket approach through ETFs is diversified and more cost effective at lower risk.
With the holiday shopping season ramping up and Black Friday and Cyber Monday just a few days away, ETFs focusing on e-commerce, including the ProShares Online Retail ETF (ONLN) , are in focus. Up 13.20% year-to-date, ONLN seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index. To be eligible, retailers must: be classified as an online retailer, an e-commerce retailer, or an internet or direct marketing retailer, according to standard industry classification systems; have a market capitalization of at least $500 million; have a six-month daily average value traded of at least $1 million; and meet other requirements.
The National Retail Federation is expecting consumers to open their wallets this holiday season with sales growing 4% higher this year. This should translate into gains for the Direxion Daily Retail Bull 3X ETF (RETL) if their predictions hold up.
As the extended bull run is manifesting itself in new highs for the S&P 500 and Dow Jones Industrial Average, it’s been companies like Amazon that have been leading the charge with growth. “Amazon, meanwhile, is 72 times as large as it was in 2000. “Amazon has hundreds of thousands of employees staffing its fulfillment centers and handling other distribution tasks, many of whom are paid hourly wages starting at $15 an hour,” the article added.
Though online sales make up an insignificant portion of the total retail backdrop, the exponential growth rate makes it necessary to have a look at the e-Commerce ETFs ahead of the holiday season.
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Here's why retail stocks may stage a holiday spending season breakout. Shop for some trading opportunities using these three retail ETFs.
According to the Commerce Department, U.S. retail sales fell for the first time in seven months during the month of September, which could put retail exchange-traded funds (ETFs) on watch. Retail sales fell 0.3% last month as consumers scaled back their spending on items, such as automobiles, building materials and online purchases. “The drop back in retail sales in September was partly driven by a price-related fall back in gasoline prices, but the fact that underlying control group retail sales were unchanged provides another clear sign that consumption growth is slowing,” wrote Michael Pearce, senior U.S. economist at Capital Economics.
The past trend shows that holiday season shopping euphoria is losing its craze, per Coresight. These retail ETFs may be hit hard if that be the case.
Facebook, Amazon, Netflix, and Google (FANG) stocks were the toast of the town during the height of the aging bull run. However, there are still exchange-traded funds (ETFs) to capitalize on if investors are still feeling that FANG fever.
Facebook, Amazon, Netflix, and Google (FANG) stocks were the toast of the town during the height of the aging bull run. However, there are still exchange-traded funds (ETFs) to capitalize on if investors ...