Top-Ranked ETFs & Stocks Soaring To All-Time Highs
Zacks Investment Research | Nov 28, 2016 09:01PM ET
The U.S. stock market sentiment is extremely bullish with most of the stocks and ETFs hitting all-time highs. An improving U.S. economy, rising oil prices, moderation of dollar strength, President-elect Donald Trump’s proposals, return to earnings growth and holiday optimism triggered off risk-on sentiments over the last few weeks. Additionally, hopes of a sooner-than-expected rates hike (as soon as December) added to the strength.
While there are winners in every corner of the space, we have highlighted four high-flying ETFs and stocks that could be compelling choices for investors seeking to ride out the holiday season rally in the weeks ahead. This is especially true given that these have a top Zacks Rank #1 (Strong Buy) or #2 (Buy), suggesting their outperformance to continue.
Top ETFs
iShares PHLX Semiconductor ETF Zacks Investment Research
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