The Zacks Analyst Blog KBE, XLE, ITA, CRPT and RSHO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 15 2024
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Source: NASDAQ.COM
Market Reaction to Trump's Victory: Following Donald Trump's presidential win, the stock market is experiencing a rally, with analysts predicting that his administration's policies on deregulation, tariffs, and tax cuts will boost various sectors, particularly banks, energy, and defense.
Investment Opportunities in ETFs: Several ETFs are highlighted as potential beneficiaries of Trump's policies, including SPDR S&P Bank ETF, Energy Select Sector SPDR, iShares U.S. Aerospace & Defense ETF, First Trust SkyBridge Crypto Industry & Digital Economy ETF, and Tema American Reshoring ETF, all showing significant gains recently.
Analyst Views on RSHO
Wall Street analysts forecast RSHO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RSHO 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: 48.910
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Current: 48.910
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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.
