The Zacks Analyst Blog Highlights Sprott Junior Gold Miners ETF, Strive U.S. Semiconductor ETF, Amplify U.S. Alternative Harvest ETF and Amplify Junior Silver Miners ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 20 2024
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Source: NASDAQ.COM
Market Performance: Major U.S. stock indexes experienced their best week of the year, with the S&P 500 rising 3.9% and driven by positive retail sales data and Walmart's earnings report, alleviating recession fears.
Top Performing ETFs: Notable ETFs such as the Sprott Junior Gold Miners ETF and Strive U.S. Semiconductor ETF saw significant gains last week, reflecting strong investor interest in sectors like gold mining and semiconductors amidst favorable economic indicators.
Analyst Views on SILJ
Wall Street analysts forecast SILJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SILJ 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: 37.630
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Current: 37.630
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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.
