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SMCI - XMMO: MidCap Momentum ETF Rides On The Back Of Super Micro Computer
Super Micro Computer Inc.
2024-02-21 03:58:54 ET
Summary
XMMO is rated as a buy by Seeking Alpha Quant and has performed well during the stock market rally.
XMMO's top holding is Super Micro Computer, which has contributed significantly to its performance.
The current market environment is favorable for momentum strategies, and XMMO is expected to continue outperforming the broad market.
I am Toma Hentea, PhD in engineering. I lead the investing group Adaptive Momentum Investing where I use quantitative methods of intermarket analysis to evaluate market risk on/off state.