Streetbeat News

Assets

FAN

The article discusses the underappreciation of real asset ETFs, highlighting insights from two panels on real assets and infrastructure. Despite different panelists and audiences, common themes emerged regarding the value and potential of these investment vehicles.

Portfolio Pulse from

November 21, 2024 | 3:00 pm

FDIS

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has a strong growth outlook but is currently overvalued, posing a higher downside risk. It focuses on large-cap growth stocks, which are resilient but vulnerable during downturns. FDIS's consumer discretionary stocks have better long-term growth than consumer staples but are less attractive than the S&P 500.

Portfolio Pulse from

November 21, 2024 | 3:00 pm

RECAF

Reconnaissance Energy Africa Ltd (RECAF) has made progress in its exploration efforts in Namibia, following a nearly $40M capital raise. The company reached a depth of 4,000 meters in its Naingopo exploration well during the last quarter.

Portfolio Pulse from

November 21, 2024 | 3:00 pm

ARAAF

Aclara Resources Inc's Chilean subsidiary, REE Uno, has received a $730,000 grant from the Chilean Economic Development Agency for AI-driven rare earth exploration, totaling nearly $1 million with Aclara's investment.

Portfolio Pulse from

November 21, 2024 | 2:45 pm

CFA

The VictoryShares US 500 Volatility Wtd ETF (CFA) has been underperforming the S&P 500 in terms of return and Sharpe ratio since its inception. Despite its low-volatility strategy and diversification, it has experienced deeper drawdowns.

Portfolio Pulse from

November 21, 2024 | 2:30 pm

NVDA

NVIDIA's stock has experienced a significant multi-year surge, leading to it becoming a large portion of some investors' portfolios. This raises questions about whether to sell some shares to diversify.

Portfolio Pulse from

November 21, 2024 | 2:30 pm

BCSF

KBDC

The Zacks SBIC & Commercial Finance industry faces challenges due to weak asset quality. However, companies like Kayne Anderson (KBDC) and Bain Capital (BCSF) are expected to benefit from increased financing demand as interest rates decrease.

Portfolio Pulse from

November 21, 2024 | 2:30 pm

SO

Southern Power, a subsidiary of Southern Company, announced the Phase III expansion of the Millers Branch Solar Facility in Texas, adding 132 MW to the existing 380 MW capacity.

Portfolio Pulse from

November 21, 2024 | 2:15 pm

STKH

Steakholder Foods Ltd. (Nasdaq: STKH) has announced its Board of Directors' approval to purchase up to $1 million in Bitcoin or cryptocurrency tracking indices as part of its treasury reserve strategy. This move aligns with the growing acceptance of cryptocurrencies as an asset class.

Portfolio Pulse from

November 21, 2024 | 2:15 pm