Which Sector ETFs Are a Smart Investment Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2024
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Source: NASDAQ.COM
Current Trends in ETFs: While Wall Street is focusing on AI technologies, industrial sector ETFs like the Global X US Infrastructure Development ETF (PAVE) are gaining popularity, outperforming tech-focused funds due to increased government investment in infrastructure and a shift towards domestic supply chains.
Investment Strategy Recommendations: Investors are encouraged to consider industrial ETFs for long-term growth, as they offer diversification and stability compared to volatile tech stocks, with specific recommendations including the First Trust RBA American Industrial Renaissance ETF (AIRR) and the Tema American Reshoring ETF (RSHO).
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.
0 Analyst Rating
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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.








