SLYG's Core Assets May Indicate a 17% Profit Opportunity
ETF Analysis: The SPDR S&P 600 Small Cap Growth ETF (SLYG) has an implied analyst target price of $108.61, indicating a potential upside of 16.59% from its current trading price of $93.16.
Notable Holdings: Key underlying holdings with significant upside potential include Cogent Communications (CCOI) with a target price 48.85% higher, Payoneer Global (PAYO) with a 47.68% upside, and Innospec (IOSP) expected to rise 44.44% from its recent price.
Get Free Real-Time Notifications for Any Stock
Analyst Views on SLYG
No data
About the author
IJT and SLYG ETFs Show Similar Small Cap Growth Exposure
Comparison of Funds: The iShares SP Small-Cap 600 Growth ETF (IJT) has a larger asset base and higher trading liquidity than the State Street SPDR S&P 600 Small Cap Growth ETF (SLYG), but both funds have nearly identical five-year returns and sector allocations.
Expense Ratio and Dividend Yield: SLYG offers a lower expense ratio of 0.15% compared to IJT's 0.18%, along with a slightly higher dividend yield, making it more appealing for income-focused investors.
Performance Overview: Over the past five years, IJT has delivered a total return of 33.43%, while SLYG has slightly outperformed with a return of 33.97%, suggesting that SLYG may be the better option for investors.
Investment Characteristics: Both ETFs provide exposure to U.S. small-cap stocks with strong growth characteristics, featuring similar sector weights and holdings, and are designed to track the S&P SmallCap 600 Growth Index.
Analysis Indicates SLYG Could Reach $111
ETF Analysis: The SPDR S&P 600 Small Cap Growth ETF (SLYG) has an implied analyst target price of $110.51, indicating a potential upside of 15.22% from its current trading price of $95.91.
Notable Holdings: Key underlying holdings with significant upside potential include Ceva Inc (19.76% upside), Central Pacific Financial Corp (17.03% upside), and Apple Hospitality REIT Inc (15.38% upside) based on their respective analyst target prices.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with market realities.
Investor Research: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
