Snowflake’s Valuation Looks Pricey — but Analyst Still Sees Room to Run
Snowflake (SNOW) stock jumped 24% following strong quarterly earnings, accelerating product revenue growth, and an raised annual outlook.
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Why Is ServiceNow Stock Soaring Monday?
ServiceNow stock jumps 8% despite tech sector weakness. Here’s why Wall Street analysts are raising NOW price targets.
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Is State Street SPDR S&P Software & Services ETF (XSW) a Strong ETF Right Now?
The State Street SPDR S&P Software & Services ETF (XSW) is a smart beta ETF launched in 2011 that tracks the S&P Software & Services Select Industry Index. With $491.1 million in assets and a low expense ratio of 0.35%, it offers broad exposure to the software sector with 133 holdings. The fund has gained 7.91% year-to-date and 7% over the past year, but carries higher risk with a beta of 1.17 and standard deviation of 26.90%. Investors seeking lower-risk alternatives may consider traditional market cap-weighted ETFs.