2024-03-11 15:14:08 ET
Summary
- Vanguard Extended market ETF is an overlooked ETF that includes many big-name companies and has broken out to fresh highs - KKR is among its top holdings.
- KKR, a leading global investment firm, has consistently topped earnings expectations and may be added to the S&P 500 later this year if earnings trends persist.
- KKR's strong EPS growth, fundraising acceleration, and potential inclusion in the S&P 500 provide fundamental tailwinds for the stock.
- I highlight risks on the chart with this high-momentum Financial sector name.
Investors often get caught up focusing on the S&P 500, but there is a world of stocks away from the domestic large-cap space. An overlooked ETF is the Vanguard Extended Market ETF ( VXF ). This is an all-inclusive SMID-cap fund – it houses all US stocks not technically classified as large caps. It includes many big-name companies such as CrowdStrike ( CRWD ), Snowflake ( SNOW ), Super Micro Computer ( SMCI ), and KKR ( KKR ). VXF has broken out to fresh highs since early 2022 as the equity rally broadens. ...
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For further details see:
KKR: Eyeing SPX Inclusion, Stout EPS Growth Ahead