This summary was created by AI, based on 2 opinions in the last 12 months.
The experts are optimistic about the performance of iShares Russell 2000 ETF (IVM-N) in the context of wider economic growth and falling interest rates signaled by Powell. They are closely watching the next Friday's job numbers and potential impact of Hurricane Beryl on the numbers. If the job numbers beat expectations, it is predicted that there will be a 25-point interest cut in September, leading to a rally in small caps for a few weeks. However, they advise caution and consider it too early to buy small-caps at the moment, as a weak jobs number could unravel cyclical stocks.
September: Key are next Friday's job numbers, because the Hurricane Beryl probably impacted it. If that number beats, there will be a 25-point interest cut in September and small caps will rally for a few weeks. But it's too early to buy small-caps. A weak jobs number will unwind cyclical stocks.
iShares Russell 2000 ETF is a OTC stock, trading under the symbol IVM-N on the (). It is usually referred to as or IVM-N
In the last year, 1 stock analyst published opinions about IVM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Russell 2000 ETF.
iShares Russell 2000 ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for iShares Russell 2000 ETF.
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.
In the last year, there was no coverage of iShares Russell 2000 ETF published on Stockchase.
On , iShares Russell 2000 ETF (IVM-N) stock closed at a price of $.
Small-caps do well in wider economic growth and falling interest rates, which Powell signalled yesterday.