ETF Weighting Methods – What You Need to Know
by Leslie N. Masonson, MBA Investors and traders may not give much thought to the weighting of the ETF that they purchase. However, the price performance of the ETF is heavily dependent on how the stocks are weighted in the portfolio. I will provide a tutorial on the two weighting methods that everyone should be familiar with. First, a [...]
An Overview on ETF Indexing
by Leslie N. Masonson, MBA If it wasn’t for the concept and development of “indexing,” no-load mutual funds and index-based ETFs would not exist in their current format or popularity. Today, there are currently 1901 passive indexed ETFs in existence in the United States. ETF indexing is based on a sponsoring firm’s selection of indexes it would like to [...]
Hibbett Outperforms Rivals & Reports Higher Profits Than Expected, Stock Climbs 21%: Time to Buy?
While much of the sporting retail industry takes steps backward amidst this challenging economic climate, Hibbett Sporting (HIBB) reported second-quarter earnings that outperformed not just the analyst expectations, but industry rivals too. The company reported sales of $374.9 million, which was just shy of the consensus of $376 million. This was a 4.6% decline over the last year. But, [...]
Splunk Gains 13% After Earnings Beat Consensus: 2 Other Reasons to Consider Investing in SPLK
Shares of Splunk (SPLK) were trading higher in Wednesday afternoon’s extended trading session yesterday, and when the bell sounded this Thursday morning, they picked up where they left off. SPLK is up more than 13% so far after beating the consensus in the company’s second-quarter earnings. The San Francisco software company grew revenue by 14% in the period to [...]
Celestica Inc. Breaks Out to All-Time High: Can It Keep Going?
By Leslie N. Masonson, MBA Celestica Inc. (CLS), is a NYSE-listed firm incorporated in 1996 headquartered in Toronto, Canada. Therefore, American investors are probably not familiar with this company which doesn’t get coverage in the U.S. financial media. Because of its future prospects based on its growing earnings and 85% price appreciation over the past year, investors should keep [...]
Foot Locker Steps Back on Guidance After Another Bad Quarter: With FL Down 30%, Is It Time to Sell?
Foot Locker (FL) investors were in for a rude awakening this Wednesday morning as the company reported fiscal second-quarter earnings that featured another step backward on the full-year guidance. While the company’s earnings were right on target with what analysts were looking for (4 cents adjusted), revenue slid below the analyst consensus ($1.86 billion compared to $1.88 billion expected). [...]
