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QQEW - Markets Enter New Phase

First Trust NASDAQ-100 Equal Weighted Index Fund
  • We now see an earnings driven market, which will benefit active over passive managers and hard research.
  • We recommend focusing on operating margins as corporations have done a great job navigating through the pandemic.
  • The pace of the economic recovery in 2021 still rests on how well we handle the coronavirus.
  • The market is selling at 20.8 and 18.1 times our estimates, which we find attractive with the Fed all in keeping rates so low.

For further details see:

Markets Enter New Phase
Stock Information
Company Name: First Trust NASDAQ-100 Equal Weighted Index Fund
Stock Symbol: QQEW
Market: NASDAQ
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