The Schwab US Dividend Equity ETF (SCHD) has been making waves in the market recently. Over the past five days, the fund has seen a 0.65% increase. Looking at the past year, SCHD has risen by an impressive 4.85%.
This performance has attracted the attention of both analysts and investors. SCHD currently holds a “Moderate Buy” rating from analysts. The average price target for the fund is set at $29.78, suggesting a potential upside of 10.64% from its current price.
Several of SCHD’s top holdings show promise for delivering significant returns. The five holdings with the greatest upside potential are Kforce, Huntsman, AMERISAFE, Inc., Interpublic Group of Companies, and Wendy’s. However, some holdings also present downside risk.
Schwab US Dividend’s recent gains
The stocks identified as having the highest risk are CF Industries Holdings, Archer Daniels Midland, Ford Motor, and Carter’s. SCHD’s Smart Score of seven indicates that its performance is expected to be in line with broader market trends.
This rating offers investors seeking stability and growth a measure of confidence. The fund’s recent strong showing has boosted investor confidence. This is supported by its moderate buy rating and the upside potential of several key holdings.
As with any investment, it’s important for individuals to conduct thorough research and understand market dynamics before making decisions. For those looking to enhance their ETF investing strategies, leveraging comprehensive analysis tools can provide more detailed insights. It’s crucial to remember that this content is for informational purposes only and does not constitute financial advice.
Investors should always perform their own due diligence prior to making any investment choices.