Millennials are going all-in when it comes to using exchange-traded funds in their investment portfolios. In fact, almost everyone — 96 percent — who responded to a recent Charles Schwab survey said they considered the passive index-tracking securities “a necessary part” of their investment strategy, and 91 percent said ETFs are their “investment vehicle of
0 Comments
A top Wall Street firm is getting more optimistic on Twitter’s prospects. J.P. Morgan raised its price target to $50 from $39 for the social media company’s shares, citing improving conversations with advertisers. “We are raising our estimates on TWTR shares as we believe advertising momentum is strengthening, particularly among large marketers,” analyst Doug Anmuth
0 Comments
Emerging market stocks are sinking, and one portfolio manager is urging more caution. Chad Morganlander, portfolio manager at Washington Crossing Advisors, told CNBC’s “Trading Nation” that emerging markets could fall further. Here’s why. • One large emerging markets-tracking ETF, the EEM, has fallen 1.5 percent this year amid a gradually strengthening U.S. dollar and concerns
0 Comments
Allianz Technology Trust (ATT) doesn’t hold heavy positions in many FAANG stocks, senior portfolio manager Walter Price told CNBC on Friday, partly because he prefers opportunities elsewhere, but also because he doesn’t see massive growth ahead. FAANG refers to a basket of high-technology growth stocks — Facebook, Amazon, Apple, Netflix and Google — that have
0 Comments