Is First Trust Large Cap Core AlphaDEX ETF a Strong ETF Right Now?
Smart Beta ETFs Overview: The First Trust Large Cap Core AlphaDEX ETF (FEX) offers investors exposure to large-cap blend stocks through a non-cap weighted strategy, aiming to outperform traditional market cap weighted indexes. It has over $1.22 billion in assets and an expense ratio of 0.60%.
Performance and Alternatives: FEX has shown a year-to-date increase of 9.35% and is considered a medium risk option with a beta of 1.05. Investors may also consider traditional ETFs like the IShares Core S&P 500 ETF and SPDR S&P 500 ETF for lower costs and risks.
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Analyst Views on FEX
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Putting It All Together: FEX May Have a Value of $132
ETF Performance Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $132.44, indicating a potential upside of 12.62% from its current trading price of $117.60.
Notable Holdings with Upside: Key underlying holdings of FEX, such as Charter Communications (CHTR), Flutter Entertainment (FLUT), and CoStar Group (CSGP), show significant upside potential, with target prices suggesting increases of 54.46%, 40.93%, and 37.41% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research Importance: It emphasizes the need for further investor research to assess the validity of analyst targets in light of recent company and industry developments.
Projected Target Price for FEX Analyst: $127
ETF Target Price Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $127.46, indicating a potential upside of 9.55% from its current trading price of $116.34.
Notable Holdings with Upside: Key underlying holdings such as Freeport-McMoRan Inc (FCX), GoDaddy Inc (GDDY), and Pinterest Inc (PINS) show significant upside potential, with target prices suggesting increases of 37.49%, 36.24%, and 31.35% respectively from their recent trading prices.
Unexpected Analyst 12-Month Forecast for FEX
ETF Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $127.03, indicating a potential upside of 9.50% from its current trading price of $116.01.
Notable Holdings: Key underlying holdings with significant upside potential include Consolidated Edison Inc (10.20% upside), Ross Stores Inc (9.76% upside), and PepsiCo Inc (9.61% upside) based on their respective average analyst target prices.
FEX's Core Assets Suggest a 10% Growth Opportunity
ETF Analyst Target Price: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $126.12 per unit, indicating a potential upside of 9.66% from its recent trading price of $115.01.
Notable Holdings with Upside: Key underlying holdings of FEX, such as STERIS plc, CF Industries Holdings Inc, and Wells Fargo & Co, show significant upside potential based on analyst target prices, with expected increases of 13.45%, 11.19%, and 10.90% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they do not align with recent market developments.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets and their implications for future stock performance.
How The Parts Add Up: FEX Targets $123
ETF Analyst Target Prices: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $122.80 per unit, indicating a potential upside of 9.74% from its recent trading price of $111.90.
Individual Stock Upsides: Notable underlying holdings such as Guidewire Software Inc, Royal Caribbean Group, and Booking Holdings Inc show significant upside potential based on analysts' target prices, raising questions about the validity of these targets in light of current market conditions.
FEX, WDC, HPE, SYF: ETF Inflow Alert
FEX Share Price Analysis: FEX's current share price is $111.57, which is close to its 52-week high of $113.17 and significantly above its low of $88.06.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying holdings when there are significant inflows or outflows.
Putting It All Together: FEX May Have a Value of $132
ETF Performance Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $132.44, indicating a potential upside of 12.62% from its current trading price of $117.60.
Notable Holdings with Upside: Key underlying holdings of FEX, such as Charter Communications (CHTR), Flutter Entertainment (FLUT), and CoStar Group (CSGP), show significant upside potential, with target prices suggesting increases of 54.46%, 40.93%, and 37.41% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research Importance: It emphasizes the need for further investor research to assess the validity of analyst targets in light of recent company and industry developments.
Projected Target Price for FEX Analyst: $127
ETF Target Price Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $127.46, indicating a potential upside of 9.55% from its current trading price of $116.34.
Notable Holdings with Upside: Key underlying holdings such as Freeport-McMoRan Inc (FCX), GoDaddy Inc (GDDY), and Pinterest Inc (PINS) show significant upside potential, with target prices suggesting increases of 37.49%, 36.24%, and 31.35% respectively from their recent trading prices.
Unexpected Analyst 12-Month Forecast for FEX
ETF Analysis: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $127.03, indicating a potential upside of 9.50% from its current trading price of $116.01.
Notable Holdings: Key underlying holdings with significant upside potential include Consolidated Edison Inc (10.20% upside), Ross Stores Inc (9.76% upside), and PepsiCo Inc (9.61% upside) based on their respective average analyst target prices.
FEX's Core Assets Suggest a 10% Growth Opportunity
ETF Analyst Target Price: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $126.12 per unit, indicating a potential upside of 9.66% from its recent trading price of $115.01.
Notable Holdings with Upside: Key underlying holdings of FEX, such as STERIS plc, CF Industries Holdings Inc, and Wells Fargo & Co, show significant upside potential based on analyst target prices, with expected increases of 13.45%, 11.19%, and 10.90% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they do not align with recent market developments.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets and their implications for future stock performance.
How The Parts Add Up: FEX Targets $123
ETF Analyst Target Prices: The First Trust Large Cap Core AlphaDEX Fund ETF (FEX) has an implied analyst target price of $122.80 per unit, indicating a potential upside of 9.74% from its recent trading price of $111.90.
Individual Stock Upsides: Notable underlying holdings such as Guidewire Software Inc, Royal Caribbean Group, and Booking Holdings Inc show significant upside potential based on analysts' target prices, raising questions about the validity of these targets in light of current market conditions.
FEX, WDC, HPE, SYF: ETF Inflow Alert
FEX Share Price Analysis: FEX's current share price is $111.57, which is close to its 52-week high of $113.17 and significantly above its low of $88.06.
ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, affecting the underlying holdings when there are significant inflows or outflows.
