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Stock impact report

Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar? [Yahoo! Finance]

Coca-Cola Consolidated, Inc. (COKE) 
Company Research Source: Yahoo! Finance
Trust Mid Cap Growth AlphaDEX ETF (FNY) is a passively managed exchange traded fund launched on 04/19/2011. The fund is sponsored by First Trust Advisors. It has amassed assets over $362.09 million, making it one of the average sized ETFs attempting to match the Mid Cap Growth segment of the US equity market. Why Mid Cap Growth Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don't, including less risk and higher growth opportunities. These types of companies, then, have a good balance of stability and growth potential. While growth stocks do boast higher than average sales and earnings growth rates, and they are expected to grow faster than the wider market, investors should note these kinds of stocks have higher valuations. Something to keep in mind is the higher level of volatility that is affiliated with growth stocks. Even though growth stocks are more likely to outperform Show less Read more
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