5 Non-Leveraged ETFs That Posted Double-Digit Gains In January
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
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Source: Benzinga
Wall Street Performance: January saw significant gains for major U.S. indices, with the S&P 500 up 3.18%, Dow Jones rising 5.03%, and Nasdaq Composite increasing by 2.19%, despite some declines in AI stocks. Several non-leveraged ETFs also performed well, notably the Amplify Commodity Trust Breakwave Tanker Shipping ETF, which rose 19.12%.
Economic Developments: The Federal Reserve maintained interest rates amid inflation concerns, while the Bank of Japan raised its policy rate for the first time since 2008. Global trade tensions escalated with proposed tariffs from President Trump, yet major U.S. banks reported strong earnings, contributing to investor optimism as markets look ahead to geopolitical risks and corporate earnings.
Analyst Views on NUKZ
Wall Street analysts forecast NUKZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NUKZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 71.170
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Current: 71.170
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
