For investors seeking momentum, iShares Core S&P Small-Cap ETF (IJR - Free Report) is probably on radar now. The fund just hit a 52-week high and is up nearly 35.6% from its 52-week low price of $66.77/share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:
IJR in Focus
IJR provides diversified exposure to a broad basket of 601 small-cap stocks. It has key holdings in industrials, financials, information technology, consumer discretionary and healthcare. It charges 7 basis points in annual fees (see: all the Small Cap ETFs here).
Why the Move?
The small-cap space has been an area to watch lately given the continued surge in the space amid escalating trade and tariff threats. This is because small-cap stocks, which are closely tied to the U.S. economy and do not have much exposure to the international market, are well insulated from these headwinds. The pint-sized stocks are considered safe and better plays if any political issue creeps into the picture.
More Gains Ahead?
Currently, IJR has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook, suggesting that the outperformance could continue in the months ahead. Further, many of the segments that make up this ETF have a strong Zacks Industry Rank, so there is definitely still some promise for those who want to ride on this surging ETF a little longer.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
For investors seeking momentum, iShares Core S&P Small-Cap ETF (IJR - Free Report) is probably on radar now. The fund just hit a 52-week high and is up nearly 35.6% from its 52-week low price of $66.77/share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:
IJR in Focus
IJR provides diversified exposure to a broad basket of 601 small-cap stocks. It has key holdings in industrials, financials, information technology, consumer discretionary and healthcare. It charges 7 basis points in annual fees (see: all the Small Cap ETFs here).
Why the Move?
The small-cap space has been an area to watch lately given the continued surge in the space amid escalating trade and tariff threats. This is because small-cap stocks, which are closely tied to the U.S. economy and do not have much exposure to the international market, are well insulated from these headwinds. The pint-sized stocks are considered safe and better plays if any political issue creeps into the picture.
More Gains Ahead?
Currently, IJR has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook, suggesting that the outperformance could continue in the months ahead. Further, many of the segments that make up this ETF have a strong Zacks Industry Rank, so there is definitely still some promise for those who want to ride on this surging ETF a little longer.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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