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First Trust Dow Jones Internet Index Fund (FDN-N)
NYSEARCA:FDN
238.44
3.55
(1.51%) 1d
Financials
Technical Analysis
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25 Stock Top Picks and 4 ETF (Jan 4-10)
$168.102
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Facebook is the top holding and there are bearish calls (from Michael Levine). FDN has a different valuation method from other ETFs. It's actively managed, though he hasn't watched FDN in particular. First Trust ETFs do okay. He's not worried about it, though it may depend on FB's weighting; for instance, 30% would be a problem.
He likes it a lot. He loves Amazon, which has a 9% weighting in this. FANG is doing well because their fundmental businesses are doing so well. You'll be fine owning this. He doesn't see a tech bubble like 1999. There's room to run in tech.
(A Top Pick Jan 04/19, Up 17%) It was a low point when he recommended it. He switched out of this for VGT, a Vanguard IT ETF. It's more on the hardware than software side. He thinks there are other sections of tech other than internet that could grow this year.
A tech ETF for an RRSP? There are three. SOXX for semi-conductors, the ammunition which drives tech around the world. IGV is a great way to get diversification in software. FDN is the internet index is extremely liquid and massive. These ETFs cover the three pillars that drive tech today. He uses these ETFs to offset volatility. When an ETF approach 5-7% of his price target, he sells a third off. Holding single stocks isn't as nimble. For example, he sold a lot of these ETFs in early-spring, then bought them back in the May swoon.
An aggressive ETF, of which 40% are the FANG stocks: high-growth, momentum, tech stocks such as Netflix, Google and Facebook.
This gives a diversified exposure to the four largest internet stocks with over 40% of the portfolio value dedicated to them. This gives narrow exposure to the big players.
Internet ETF. Analysts do not make consensus targets for ETFs. The average PE is no different from the overall NASDAQ. The trend is healthy. It is not cheap.
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First Trust Dow Jones Internet Index Fund(FDN-N) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
First Trust Dow Jones Internet Index Fund(FDN-N) Frequently Asked Questions
What is First Trust Dow Jones Internet Index Fund stock symbol?
First Trust Dow Jones Internet Index Fund is a American stock, trading under the symbol FDN-N on the NYSE Arca (FDN). It is usually referred to as AMEX:FDN or FDN-N
Is First Trust Dow Jones Internet Index Fund a buy or a sell?
In the last year, there was no coverage of First Trust Dow Jones Internet Index Fund published on Stockchase.
Is First Trust Dow Jones Internet Index Fund a good investment or a top pick?
First Trust Dow Jones Internet Index Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for First Trust Dow Jones Internet Index Fund.
Why is First Trust Dow Jones Internet Index Fund stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is First Trust Dow Jones Internet Index Fund worth watching?
0 stock analysts on Stockchase covered First Trust Dow Jones Internet Index Fund In the last year. It is a trending stock that is worth watching.
What is First Trust Dow Jones Internet Index Fund stock price?
On 2024-11-21, First Trust Dow Jones Internet Index Fund (FDN-N) stock closed at a price of $238.44.
