FXZ News and Press, First Trust Materials AlphaDEX Fund From 11/02/22

Summary This earnings season has been a mixed bag - companies missing estimates have been punished relative to the S&P 500 strong return. Westlake features expensive options but cheap shares ahead of its Q3 report. I see more upside risks that both short-term traders and l...

Summary Our sector ratings are based on the normalized aggregation of our stock ratings for every stock in each sector. The primary driver behind an Attractive fund rating is good portfolio management (stock picking) combined with low total annual costs. At the beginning of th...

Summary We expect macro headwinds will continue to pressure U.S. corporate earnings in the coming months. We expect earnings expectations to decline as multinational firms realize foreign exchange headwinds that accelerated over the past year. Investors can avoid undue interna...

Summary We believe that cash flow and debt sustainability are likely to become increasingly important as real economic growth slows and credit access tightens. Cash flow provides a link between a company’s income statement and their balance sheet. Focusing on the Russel...

Celanese has been a regular in the M&A space at least over the last 10 years and continued to grow. The latest acquisitions (especially M&M from DuPont), however, change the color of its balance sheet with substantially higher leverage. The product portfolio being acquired...

X comprises 3 divisions – U.S., Tubular, and Europe. Since 2013, the U.S. division has been the main contributor. The Tubular division had not generated any returns. The Europe division is facing market and supply risks due to the Ukraine invasion. Assuming zero contribution fr...

The "fear" of a "possible" recession "in the future" has caused the price of steel to plunge and take CLF stock with it. The company reported pretty strong earnings report, and naturally the market had a ludicrous reaction to the one nickel miss versus consensus. Sure, a recession...

Price increases and strong demand for Valvoline’s products and services drove revenue growth for the company in fiscal 2Q22. Valvoline’s retail presence drives strong same-store sales. The company’s same-store sales have grown year-over-year in 15 consecutive year...

First Trust Materials AlphaDEX Fund (FXZ) - $0.2494. 30-Day SEC Yield of 1.38% as of May. 31. Payable Jun 30; for shareholders of record Jun 27; ex-div Jun 24. For further details see: First Trust Materials AlphaDEX Fund declares quarterly distribution of $0.2494

Construction materials and mining/metals look attractive in valuation and quality. FXZ is a smarter and more balanced alternative to XLB. 9 stocks cheaper than their peers in June. For further details see: FXZ: Materials Dashboard For June