The Zacks Analyst Blog Highlights Consumer Discretionary Select Sector SPDR ETF, JPMorgan BetaBuilders U.S. Small Cap Equity ETF, WisdomTree Cloud Computing ETF, Vanguard High Dividend Yield ETF and SPDR S&P Semiconductor ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
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Source: NASDAQ.COM
Market Performance Overview: In November 2024, major stock indices saw significant gains, with the S&P 500 up over 26% for the year and no market corrections occurring, highlighting a strong bull market. Historically, December tends to yield positive returns for the S&P 500, especially after such substantial yearly gains.
Featured ETFs and Their Performance: Several ETFs have been highlighted for their strong performance, including the WisdomTree Cloud Computing ETF (up 18.8%) and the Consumer Discretionary Select Sector SPDR ETF (up 11%), reflecting trends in consumer spending and technology sectors amidst a favorable economic backdrop.
Analyst Views on WCLD
Wall Street analysts forecast WCLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WCLD 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: 32.430
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Current: 32.430
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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.
