Best Performing Leveraged ETFs of the Past Week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2024
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Source: NASDAQ.COM
Market Performance: Wall Street experienced positive momentum last week, with the S&P 500, Dow Jones, and Nasdaq all posting gains, driven by expectations of a potential interest rate cut by the Federal Reserve and reduced recession fears.
ETF Highlights: Several leveraged ETFs saw significant increases, including those focused on homebuilders, regional banks, electric vehicles, Bitcoin, and uranium, largely influenced by favorable economic indicators and specific market developments.
Analyst Views on NAIL
Wall Street analysts forecast NAIL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NAIL 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: 68.590
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Current: 68.590
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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.
