StockSnips Awarded 'Most Innovative ETF Company' at the 2024 Benzinga Global Fintech Awards
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2024
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Source: Newsfilter
StockSnips Award Recognition: StockSnips has been awarded the title of ‘Most Innovative ETF Company’ at the 2024 Benzinga Global Fintech Awards for its pioneering use of AI in ETF construction and management, showcasing its ability to create adaptive investment strategies based on market sentiment.
Introduction of NEWZ ETF: The company launched the NEWZ ETF, an actively managed fund that utilizes AI and Machine Learning to select trending US equities based on proprietary news media sentiment, aiming to provide investors with a unique approach compared to traditional index funds.
Analyst Views on NEWZ
Wall Street analysts forecast NEWZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEWZ 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: 27.601
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Current: 27.601
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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.
