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MILN News and Press, Global X Millennials Thematic ETF From 07/12/22

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Company Name: Global X Millennials Thematic ETF
Stock Symbol: MILN
Market: NASDAQ

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MILN - Capri Holdings: Strong Brand Portfolio Indicates Strong Buying Opportunity

Capri Holdings Limited is a global fashion group and owner of Michael Kors, Versace, and Jimmy Choo. Capri stock is down >35% YTD, which is significantly more than the S&P 500’s -20%. At a 2023 forward P/E of x6, investors might like to consider Capri stock as a barg...

MILN - Angi: Brand Efficiency Issue Not Yet Solved

Angi's business, as it exists today, is a result of a brand consolidation strategy. Management understands and acknowledges all has not gone well in the brand consolidation process. Angi continues to struggle to achieve brand efficiency, with incremental selling and marketing expe...

MILN - What Wrecked Growth Stocks? Can Lower Rates Revive Them?

For a decade, investors chased growth stocks, but now they won't touch them; will a recession and falling rates bring them back? Growth stocks are all about the future, and the CRSP Growth Index contains nothing about valuation. Young growing companies often have negative cash flow an...

MILN - We Maintain Our Hold Rating On Lowe's Despite The Macroeconomic Headwinds

Declining consumer confidence and a slowing housing market in the U.S. could result in declining demand for Lowe's products. Elevated energy and raw material prices, combined with supply chain disruptions and a tight labor market could have a downward pressure on the firm's margins. ...

MILN - Weekly Market Pulse: Expand Your Horizons

Earnings for the S&P 500, according to Howard Silverblatt’s work at S&P, are expected to rise 7.7% in 2022. Growth stocks were grossly overvalued going into that bear market and they took the brunt of the damage. Real estate did well last week with rates falling bac...

MILN - As Rates Stabilize, Growth Stocks May Rebound

From the November peak to the recent trough, U.S. large cap growth stocks lost more than 30%, a decline on par with the pandemic induced bear market. Growth is still trailing the S&P 500 by roughly 10% and nearly 17% versus comparable value indexes. As economic growth slows, i...

MILN - Swvl Seeks Optimization Focus Amid 32% Headcount Reduction Goal

SPAC Queen's Gambit Growth Capital and Swvl have completed their merger valued at approximately $1.5 billion in enterprise value. Swvl operates a smart bus transportation network in numerous cities and regions around the world. SWVL has made a number of acquisition announcements b...

MILN - Uber: Not A Great Pick For A Recession

Uber's Mobility segment will likely see consumers opting for cheaper options, like public transportation, and less demand for discretionary rides when money is tight. The Delivery segment's pricing model could cause consumers to drive to the store themselves as the fees could bring th...

MILN - Intuit's Q3 Earnings Digest: Diversification For The Win

Intuit posted strong Q3 results, beating the top and bottom lines and raising full year guidance. Intuit’s stock saw a strong positive reaction to these earnings, although if we zoom out, there’s still a long way to go until ATH. The strong performance was driven by ...

MILN - Capturing Persistent Growth In Volatile Equity Markets

Growth stocks are under acute pressure as rising interest rates change the dynamics that drive equity valuations. Market corrections are always painful, but investors in growth equities have suffered a particularly harsh blow this year. This year’s market correction reflect...

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