Small-Cap ETF (EES) Hits New 52-Week High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2024
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Source: NASDAQ.COM
ETF Performance: The WisdomTree U.S. SmallCap ETF (EES) has reached a 52-week high, increasing by 33.23% from its low, driven by strong growth in the U.S. economy and solid consumer spending.
Market Outlook: With a Zacks ETF Rank of #3 (Hold) and a positive weighted alpha of 17.42, EES is expected to maintain its momentum in the near term, benefiting from its exposure to key sectors like financials and industrials.
Analyst Views on EES
Wall Street analysts forecast EES stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EES 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: 60.740
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Current: 60.740
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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.
