Forget September Stock Slump: Buy These 5 ETFs Instead
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 04 2024
0mins
Source: NASDAQ.COM
September Stock Trends: Historically, September is the worst month for stocks, with negative returns in 42 out of 74 years since 1950. However, this year may differ due to a potential Federal Reserve rate cut, which could positively impact certain ETFs.
ETFs to Watch: Key ETFs highlighted for potential gains include SPDR Portfolio S&P 500 Growth ETF (SPYG), ALPS OShares U.S. Quality Dividend ETF (OUSA), VanEck Retail ETF (RTH), Invesco AI and Next Gen Software ETF (IGPT), and First Trust NASDAQ Cybersecurity ETF (CIBR), driven by factors like growth outlook, consumer sentiment, and demand for technology.
Analyst Views on RTH
Wall Street analysts forecast RTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RTH 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 263.743
Low
Averages
High
Current: 263.743
Low
Averages
High
No data
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.
