您现在的位置是:straight talk device is not in valid format > Exploration
【wilmington gun and knife show】5 Best Performing Stocks of the Top ETF of 2018
straight talk device is not in valid format2024-09-29 12:26:26【Exploration】6人已围观
简介Invesco Dynamic Software ETF PSJtopped the list of the best-performing ETFs of 2018, with impressive wilmington gun and knife show
Invesco Dynamic Software ETF PSJ
topped the list of the best-performing ETFs of 2018,wilmington gun and knife show with impressive returns of about 16.4%.
Though the broad technology sector has witnessed bumpy ride throughout the year, marked by sharp sell-offs on several occasions, software corner remained the hot spot. This is especially true as the rapid adoption of cutting-edge technology such as cloud, Internet of Things, gaming, wearables, drones, virtual reality devices, artificial intelligence, machine learning and other advanced information technologies is boosting growth for the software industry (read: 4 Sector ETFs Surviving the Market Rout in 2018).
The software industry is driving most of the global IT spending, which is projected to grow 4.5% in 2018 and 3.2% in 2019, per Gartner. Enterprise software spending will likely grow 9.9% in 2018 and 8.3% in 2019, buoyed by software as a service.
Let’s take a closer look at the fundamentals of PSJ.
PSJ in Focus
This ETF offers exposure to 30 companies that are principally engaged in the research, design, production or distribution of products or processes that relate to software applications and systems and information-based services. It tracks the Intellidex Index, which is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action and value.
The product has amassed $229.3 million in its asset base and trades in solid volume of around 49,000 shares a day. It charges investors 63 basis points (bps) in fees per year and has a Zacks ETF Rank #2 (Buy) with a High risk outlook (read: Biggest ETF Stories of 2018 Worth Watching in 2019).
Though most of the stocks in the fund’s portfolio delivered strong returns, a few were the real stars, having more than doubled or nearly doubled in 2018. Below we have highlighted those five best-performing stocks in the ETF with their respective positions in the fund’s basket:
Best Performing Stocks of PSJ
Twilio Inc. TWLO:
The stock has surged about 278.4% last year. It currently carries a Zacks Rank #2 and has a VGM Score of D. The stock has an estimated earnings growth rate of 157.89% for 2018. It occupies the 19th spot in the fund’s basket with 2.8% of the total assets (read: A Look at the Christmas Tree of Top-Ranked ETFs).
The Trade Desk Inc. TTD:
This stock takes the #30 position in the fund’s basket with 2.4% allocation. It has also delivered a whopping return of 153.4% in 2018. The stock has an estimated earnings growth of 49.38%. Trade Desk has a Zacks Rank #3 (Hold) and a VGM Score of D.
Glu Mobile Inc. GLUU:
This stock takes the ninth spot in the fund’s basket, with 3.2% of the assets. It has gained 121.7% last year and has an estimated earnings growth of 159.1% for 2018. Glu Mobile carries a Zacks Rank #2 and a VGM Score of C.
Coupa Software Inc. COUP:
The stock is up nearly 101.3% in 2018. It carries a Zacks Rank #2 and a VGM Score of C. The stock has an estimated earnings growth of 157.1% for fiscal year (ending January 2019). The stock occupies the 13th position and accounts for 52.94% share in PSJ.
SecureWorks Corp. SCWX:
The stock has risen about 90.4% last year and has an expected earnings growth rate of 102.9% for fiscal year (ending January 2019). SCWX currently has a Zacks Rank #1 and a VGM Score of C. The stock occupies the #21 position in the fund’s portfolio, making up for 2.7% share. You can see
the complete list of today’s Zacks #1 Rank stocks here
.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report
The Trade Desk Inc. (TTD) : Free Stock Analysis Report
COUPA SOFTWARE (COUP) : Free Stock Analysis Report
Twilio Inc. (TWLO) : Free Stock Analysis Report
SecureWorks Corp. (SCWX) : Free Stock Analysis Report
Glu Mobile Inc. (GLUU) : Free Stock Analysis Report
PWRSH-DYN SFTWR (PSJ): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
View comments
很赞哦!(4496)
相关文章
- ROYAL DUTCH SHELL PLC THIRD QUARTER 2020 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS
- San Bernardino shooting lawsuits vs Facebook, Google, Twitter dismissed
- How to Do Well With 3 Types of Do-Gooder Investors
- Fiat Chrysler CEO 2016 compensation was $12 million-filing
- CLNY Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Colony Capital, Inc. and Encourages Investors to Contact the Firm
- Piper Jaffray Recommends 5 Retailers for 2019
- Should You Investigate Grupo Ezentis S.A. (BME:EZE) At €0.48?
- 5 Top Stock Trades for Thursday: BAC, JPM, BOX
- Barry Manilow and Darryl Payne Settle Copyright Dispute
- Psych Yourself Up for Your Next Job Interview
热门文章
站长推荐
Estimating The Intrinsic Value Of The Hain Celestial Group, Inc. (NASDAQ:HAIN)
A More Inclusive Language
Capital Report
Camikaze, the First Drone to Capture Death-Defying Moments in All Its Glory
NEWSMAKER-So near yet so far for Malaysia's Anwar
Boeing says loss of Ex-Im Bank would be competitive disadvantage
Need To Know: Sanchez Energy Corporation (NYSE:SN) Insiders Have Been Selling Shares
Have Insiders Been Selling Parker-Hannifin Corporation (NYSE:PH) Shares?
友情链接
- AGI or RGLD: Which Is the Better Value Stock Right Now?
- Otter Tail (OTTR) Tops Q3 Earnings and Revenue Estimates
- Global Vision Care Market (2020 to 2025) - Featuring Alcon, Carl Zeiss and Hoya Among Others
- Were Hedge Funds Right About Chipotle Mexican Grill (CMG)?
- Want to land one of today's record-low mortgage rates? Follow these 4 tips
- When Can We Expect A Profit From Asmallworld AG (VTX:ASWN)?
- A Sliding Share Price Has Us Looking At Rexnord Corporation's (NYSE:RXN) P/E Ratio
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RTI Surgical Holdings, Inc. - RTIX
- Manufacturing data helps lift stocks, U.S. dollar bounces
- Microsoft Is in Talks to Buy TikTok in U.S.