Tag Archives: apple

After Hours Most Active for Apr 7, 2016 : S, FTR, HPQ, RF, ABBV, BAC, NRG, SIRI, AAPL, MSFT, NAVI, CSCO

The NASDAQ 100 After Hours Indicator is up .32 to 4,475.61. The total After hours volume is currently 59,287,156 shares traded. The following are the most active stocks for the after hours session Sprint Corporation ( S ) is

Google Picture Brightens, Thanks To Larger-Screen Smartphones

Fast growth for YouTube and mobile search — along with expected positive benefits from the wider adoption of large-screen smartphones — netted a price-target boost for Alphabet ( GOOGL ) and its Google subsidiary on Thursday. Morgan Stanley raised its price target on Alphabet stock to 900 from 880. Smartphones with big screens — such as Apple ‘s ( AAPL ) iPhone 6S Plus and Google Android Galaxy Note 5 by Samsung — will have a positive impact on Google’s revenue, wrote Morgan Stanley analyst Brian Nowak in a research report. “Indeed, the growing mix of large-screen smartphones combined with our agency conversations (are) indicating that these screens are monetizing higher,” Nowak wrote. He says such ads are getting 20% to 35% higher costs per click, which is how much Google is paid each time someone clicks an ad. He says larger-screen smartphones could boost Google’s search revenue by 3%. Ahead of the Alphabet’s Q1 earnings release, “we see Google websites growing the fastest (they have) in over four years, driven by accelerating mobile search and YouTube,” wrote Nowak. Alphabet is slated to post Q1 earnings after the market close on April 21. Alphabet stock was down more than 1% in afternoon trading in the stock market today , near 758. Alphabet stock is forming a cup-with-handle base, with a 777.41 buy point. Morgan Stanley boosted its 2016 and 2017 revenue estimates for Alphabet by 1%, to $88.3 billion and $129 billion, respectively. It raised its 2016 EPS ex items estimate 4% to $35.99, and its 2017 estimate 3% to $43.49. “We are now 2% ahead of Street Q1 2016 revenue and non-GAAP EPS, and 1% ahead of full-year 2016 revenue, and 4% ahead of full-year 2016 non-GAAP EPS,” said Nowak. “We see accelerating top line, expanding core Google, non-GAAP EBITDA (earnings before interest, taxes, depreciation and amortization) margins, and positive revisions driving Google higher.” The number of minutes spent on YouTube minutes is estimated to grow 42% year over year in Q1, Nowak said, vs. a 23% rise in Q4 2015.

Victory Capital Rolls Out New Emerging Market ETF

After a string of issues including turmoil in China and global growth slowdown dragging the emerging markets down, a positive shift in sentiment can be seen lately. This trend is validated by the two most popular ETFs – the iShares MSCI Emerging Markets ETF (NYSEARCA: EEM ) and the Vanguard FTSE Emerging Markets ETF (NYSEARCA: VWO ) – climbing over 11% in the past one month. In comparison, the iShares MSCI ACWI ETF (NASDAQ: ACWI ) gained 5.6% and the SPDR S&P 500 Trust ETF (NYSEARCA: SPY ) rose 4.7%, suggesting that the emerging segment is headed for a rebound (read: Can Emerging Market ETFs Sustain the Rally? ). This did not go unnoticed by Victory Capital, which has launched a smart beta fund with a focus on the emerging market space. The 11th fund by the company is a low-risk alternative for investors seeking to diversify their portfolios through exposure to the emerging market. Below, we have highlighted the newly launched fund – the Victory CEMP Emerging Market Volatility Weighted Index ETF (NASDAQ: CEZ ) – in greater detail. CEZ in Focus The fund launched late last week trades on Nasdaq. The product seeks to track the performance of CEMP Emerging Market 500 Volatility Weighted Index. The index comprises 500 stocks domiciled in the emerging market nations with a history of positive earnings. The weightage is based on their volatility measured by daily standard deviation over the last 180 trading days compared to the aggregate mean. The fund has an expense ratio of 0.50% and will be rebalanced on a semi-annual basis. The fund currently has 499 stocks in its basket with the top 10 stocks holding an aggregate weight of just over 5%, indicating low concentration risk. From a country perspective, Taiwan takes the top spot with about 11.9% of the basket followed by China (11.5%), Korea (9.7%), India (9.5%) and Malaysia (8.7%). Currently, the fund provides exposure to 22 countries in total. As per ETF.com , the fund has already amassed $2.5 million in its asset base (see all Broad Emerging Market ETFs here ). How does it fit in a portfolio? For investors looking to diversify their portfolio and having faith in the emerging market rebound, this fund can be a good choice to invest in. Thanks to its strategic beta approach that combines fundamental measures along with inverse volatility weighting of individual stocks, it can lead to a broader diversification than traditional market cap weighting. Thus, it also possesses the potential to outperform traditional indexing strategies. Moreover, the fund is well diversified as far as individual stocks and country weights are concerned, while expenses are reasonable. ETF Competition Though the emerging market space is crowded with products, the newly launched ETF should not face many obstacles in amassing assets thanks to its unique stock selection technique, which could set the new entrant apart from the entire lot. Having said this, products like the iShares MSCI Emerging Markets Minimum Volatility ETF (NYSEARCA: EEMV ) , the PowerShares S&P Emerging Markets Low Volatility Portfolio ETF (NYSEARCA: EELV ) , the PowerShares FTSE RAFI Emerging Markets Portfolio ETF (NYSEARCA: PXH ) and the PowerShares DWA Emerging Markets Momentum Portfolio ETF (NYSEARCA: PIE ) might give the newcomer a run for its money. Like CEZ, these ETFs operate in the emerging market space with some tweaks. Apart from these, the emerging market equities space is primarily dominated by two large players – VWO and EEM – with funds under management an impressive $34.6 billion and $24.3 billion, respectively. While VWO’s expense ratio of 0.15% is far less than CEZ, EEM charges a higher fee of 72 basis points. Despite the competition, the newly launched fund has the potential to emerge as a winner if it manages to generate returns net of fees greater than other products in the emerging market ETF space. In any case, the smart-beta theme is trending and many are trying out this concept for their own portfolios. Link to the original post on Zacks.com