Berkshire, Palantir ETFs Add High-Octane Trading Options With Direxion's Launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
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Source: Benzinga
New ETF Launch: Direxion has introduced single-stock leveraged and inverse ETFs for Berkshire Hathaway and Palantir Technologies, targeting short-term traders looking to capitalize on volatility in these iconic stocks.
Risk Considerations: These new products amplify daily stock movements and are designed for experienced traders, emphasizing the importance of understanding the associated risks before investing.
Analyst Views on BRKD
Wall Street analysts forecast BRKD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BRKD 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: 24.045
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Current: 24.045
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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.
