IHI: Multiples Have Climbed Despite Stubborn Rates
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The iShares U.S. Medical Devices ETF (IHI) is facing high multiples despite the easing of COVID-19 pressures. Concerns arise due to high long-term rates affecting stocks with large horizon values, suggesting caution for investors.
January 01, 2025 | 4:30 am
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iShares U.S. Medical Devices ETF is experiencing high multiples even as COVID-19 pressures ease. High long-term rates are a concern, affecting stocks with large horizon values.
The ETF's high multiples are concerning in the context of high long-term rates, which can negatively impact stocks with large horizon values. This suggests potential downward pressure on the ETF's price.
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