Spread of Growth ETFs at New All-Time Highs [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
This is especially thanks to a strong earnings growth outlook, optimism over potential interest rate cuts and the artificial intelligence (AI) craze. While the rally has been broad-based, growth stocks are the clear winners. Growth funds generally tend to outperform during an uptrend, pushing many ETFs to new all-time highs. Below, we have presented five ETFs, having a Zacks ETF Rank #1 (Strong Buy) or 2 (Buy), that are leading the way and have scaled a series of new highs in the latest sessions. These are SPDR Portfolio S&P 500 Growth ETF SPYG, Vanguard S&P 500 Growth ETF VOOG, iShares S&P 500 Growth ETF IVW, iShares Russell Top 200 Growth ETF IWY and Schwab U.S. Large-Cap Growth ETF SCHG. Growth investing focuses on capital appreciation rather than annual income or dividends. It is a stock-buying strategy that aims to profit from companies that grow at above-average rates compared with their industry or the market. This is a more active attempt versus the value to build up the p
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META
Earnings
- 2/1/24 - Beat
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- 6/25/24 - Form 144
- 6/25/24 - Form 144
- 6/24/24 - Form 4
- META's page on the SEC website