Cyber Week Sales Put These ETFs in Focus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
0mins
Source: NASDAQ.COM
Record Shopping Numbers: A record 183.4 million people are expected to shop during the Thanksgiving to Cyber Monday period in 2024, driven by lucrative deals and the holiday season's start, with Black Friday and Cyber Monday being the most popular shopping days.
Growth in Online Sales and Discounts: Online sales are projected to reach $240.8 billion this holiday season, with significant discounts across various categories, particularly electronics and toys, while mobile shopping is anticipated to dominate with a 53.2% share over desktop.
Analyst Views on IBUY
Wall Street analysts forecast IBUY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IBUY 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: 74.109
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Current: 74.109
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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.
