Fidelity MSCI Financials Index ETF (ARCA: FNCL)

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The fund invests at least 80% of assets in securities included in the funds underlying index. The funds underlying index is the MSCI USA IMI Financials 25/50 Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials 25/50 Index. The fund is non-diversified.

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Mastercard Inc (NYSE: MA) collaborates with major US banks to test ledger tech for unified settlement of tokenized assets, aiming to simplify and speed up global transactions while reducing errors and fraud risks.

Mastercard&#39;s New Tech Could Change How Banks Handle Money and Securities

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Rydex ETF Trust Rydex S&P Equal Weight Health ETF

9 Million American Children Lost Funding For Their Insurance

<p>Norfolk Southern (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>) reported quarterly earnings of $3.06 per share which beat the analyst consensus estimate of $2.86 by 6.99 percent. This is a 3.73 percent increase over earnings of $2.95 per share from the same period last year.</p>


Earnings

Earnings Beats

Norfolk Southern Q2 Adj $3.06 Beats $2.86 Estimate; Reaffirms Full-Year Adjusted Operating Ratio Guidance

<p>Elliott has engaged in direct dialogue with Southwest&#39;s Board on the scale and urgency of change needed at the Company.&nbsp;&nbsp;&quot;Southwest can do far better, and we look forward to offering our fellow shareholders an opportunity to elect a Board of industry leaders that can return Southwest to best-in-class performance.&quot;</p>


Elliott Comments On Southwest Airlines' Revenue Enhancement Initiatives; Says Revenue-enhancement Initiatives Comes More Than A Decade Late

<p>In Tuesday&#8217;s second-quarter earnings call, <strong>Spotify Technology SA</strong>&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) CEO <strong>Daniel Ek</strong> and interim CFO <strong>Ben Kung</strong> hinted at the possibility of future price increases, despite not providing a <a href="https://www.benzinga.com/topic/business-of-music">concrete timeline. </a></p>
<p>This comes on the heels of substantial hikes in 2023 and 2024, where the price of an individual plan in the U.S. rose from $9.99 to $11.99 per month.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39937831/spotify-smashes-gross-margin-guidance-analysts-expect-continued-momentum">Spotify Smashes Gross Margin Guidance, Analysts Expect &#8216;Continued Momentum&#8217;</a></strong></p>
<h3 class="wp-block-heading">Subscribers Stay Despite Price Hikes</h3>
<p>Spotify&#8217;s strategic decision to raise prices did not result in subscriber loss or revenue decline. In the second quarter of 2024, Spotify added 7 million new subscribers, surpassing its own expectations by 1 million. </p>
<p>The company reported a revenue of €3.8 billion ($4.15 billion), marking a 20% year-over-year increase. These gains helped Spotify swing from a €247 million ($269 million) operating loss in Q2 2023 to a €266 million ($290 million) operating profit in Q2 2024.</p>
<p><a href="https://www.billboard.com/pro/spotify-signals-price-increases-in-future/">According</a> to Billboard, Ek said that the company saw &#8220;less churn in this round of increases than we did in our prior one, which was already very low by any measure.&#8221; Kung added that churn rates following the recent price hikes were &#8220;better than expected.&#8221;</p>
<h3 class="wp-block-heading">Enhanced Value and Retention</h3>
<p>Ek attributes the low churn rates to the enhanced value Spotify has delivered over the years. The streaming giant has evolved into a comprehensive audio platform, adding popular features like the year-end Wrapped recap and Discovery Weekly playlists. </p>
<p>The company&#8217;s significant investments in podcasts and audiobooks have also broadened its appeal. Ek added: &#8220;Access to all of this content would cost a user approximately $26 — significantly more than a Spotify subscription. Spotify remains a pretty outstanding deal.&#8221;</p>
<h3 class="wp-block-heading">Engagement Fuels Future Increases</h3>
<p>Subscriber engagement remains crucial for Spotify&#8217;s strategy. Kung noted: &#8220;The most important thing in the near term is just making sure that audiobooks are driving incremental engagement for the platform, and we're seeing this happening in a way that makes us feel good about the path that we're on here.&#8221;</p>
<p>Ek also suggested that developing markets, which currently favor ad-supported listening, show high engagement levels that could justify future price increases. &#8220;The high engagement in [developing] markets gives us tremendous confidence in our ability to raise prices,&#8221; he said.</p>
<h3 class="wp-block-heading">The HiFi Experience</h3>
<p>Spotify is also targeting a subset of subscribers willing to pay more for an enhanced experience. After initially announcing a high-quality audio tier called HiFi in 2021 and subsequently delaying it, Ek confirmed its impending launch. &#8220;</p>
<p>The plan here is to offer a much better version of Spotify,&#8221; he stated. This premium tier is expected to be priced around $17-$18 per month, offering superior control and quality.</p>
<p>Read Next:</p>
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/07/39822609/latin-music-and-physical-albums-thrive-here-are-the-latest-2024-industry-trends">Latin Music And Physical Albums Thrive, Here Are The Latest 2024 Industry Trends</a></li>
</ul>
<p><em>Image credits: <a href="https://www.shutterstock.com/es/g/DiegoThomazini">Diego Thomazini</a> on Shutterstock.</em></p>


Entertainment

SPOT

What's Next For Spotify? More Price Hikes Could Be Coming After Strong Q2 Performance

<p>Data I/O (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAIO#NASDAQ">DAIO</a>) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.01) by 800 percent.  The company reported quarterly sales of $5.062 million which missed the analyst consensus estimate of $6.310 million by 19.78 percent.  This is a 31.58 percent decrease over sales of $7.398 million the same period last year.</p>


Earnings Misses

DAIO

Data I/O Q2 2024 GAAP EPS $(0.09) Misses $(0.01) Estimate, Sales $5.062M Miss $6.310M Estimate

<p>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.55 by 5.45 percent.</p>


FIBK

First Interstate BancSys Q2 2024 Adj EPS $0.58 Beats $0.55 Estimate

<p>Keybanc  analyst Alex Markgraff   maintains Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) with a Overweight and raises the price target from $170 to $180.</p>


Price Target

Analyst Ratings

Keybanc Maintains Overweight on Fiserv, Raises Price Target to $180

<p>Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.57 by 17.54 percent.  The company reported quarterly sales of $472.152 million which missed the analyst consensus estimate of $475.953 million by 0.80 percent.  This is a 9.83 percent decrease over sales of $523.653 million the same period last year.</p>


COLB

Columbia Banking System Q2 2024 Adj EPS $0.67 Beats $0.57 Estimate, Sales $472.152M Miss $475.953M Estimate

<p>McGrath RentCorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGRC#NASDAQ">MGRC</a>) reported quarterly earnings of $0.84 per share which missed the analyst consensus estimate of $1.10 by 23.64 percent.  The company reported quarterly sales of $212.600 million which beat the analyst consensus estimate of $210.234 million by 1.13 percent.  This is a 4.71 percent increase over sales of $203.030 million the same period last year.</p>


MGRC

McGrath RentCorp Q2 2024 GAAP EPS $0.84 Misses $1.10 Estimate, Sales $212.600M Beat $210.234M Estimate

Japanese Patent Office Approves Inventiva's Patent For Use Of Lanifibranor In Treating Cirrhosis, Strengthening IP For MASH/NASH Indications; Patent Valid Until November 2039

<p>BayFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAFN#NASDAQ">BAFN</a>) reported quarterly earnings of $0.12 per share. This is a 60 percent decrease over earnings of $0.30 per share from the same period last year.</p>


BAFN

BayFirst Financial Q2 EPS $0.12 Down From $0.30 YoY

<p>Keybanc  analyst Eric Gonzalez   maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Overweight and lowers the price target from $68 to $66.</p>


Keybanc Maintains Overweight on Chipotle Mexican Grill, Lowers Price Target to $66

<p>Across the recent three months, 8 analysts have shared their insights on Ralph Lauren (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Ralph Lauren, revealing an average target of $201.0, a high estimate of $250.00, and a low estimate of $180.00. This current average represents a 0.43% decrease from the previous average price target of $201.86. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721937673_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>The standing of Ralph Lauren among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$196.00</td>
<td>$202.00</td>
</tr>
<tr>
<td>Robert Drbul</td>
<td>Guggenheim</td>
<td>Maintains</td>
<td>Buy</td>
<td>$200.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$180.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$195.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$195.00</td>
<td>$195.00</td>
</tr>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$250.00</td>
<td>$244.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$197.00</td>
<td>$192.00</td>
</tr>
<tr>
<td>Ashley Helgans</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Buy</td>
<td>$195.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Ralph Lauren. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Ralph Lauren compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of Ralph Lauren's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Ralph Lauren's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/RL/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Ralph Lauren analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Ralph Lauren</h2>
<p>Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle products in North America, Europe, and Asia. Its products include apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.</p>
<h3>Ralph Lauren: A Financial Overview</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.</p>
<p><strong>Revenue Growth:</strong> Ralph Lauren's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately <strong>1.76%</strong>. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Ralph Lauren's net margin excels beyond industry benchmarks, reaching <strong>5.78%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>3.61%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Ralph Lauren's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>1.33%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Ralph Lauren's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>1.09</strong>.</p>
<h2>The Significance of Analyst Ratings Explained</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Decoding 8 Analyst Evaluations For Ralph Lauren

Buybacks

BANR

Banner Corporation Announces Stock Repurchase Program Of Up To 1,722,787 Shares

<p>Riverview Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVSB#NASDAQ">RVSB</a>) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.06 by 16.67 percent. This is a 61.54 percent decrease over earnings of $0.13 per share from the same period last year.</p>


RVSB

Riverview Bancorp Q1 Adj $0.05 Misses $0.06 Estimate

<p>In the preceding three months, 13 analysts have released ratings for PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>), presenting a wide array of perspectives from bullish to bearish.</p>
<p>Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $137.92, a high estimate of $154.00, and a low estimate of $115.00. This upward trend is evident, with the current average reflecting a 2.54% increase from the previous average price target of $134.50.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721937648_0.png" alt="price target chart" /></p>
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive PVH. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$149.00</td>
<td>$154.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$154.00</td>
<td>$153.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$145.00</td>
<td>$138.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$154.00</td>
<td>$149.00</td>
</tr>
<tr>
<td>Kimberly Greenberger</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$120.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Heather Balsky</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$144.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$119.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$145.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Tom Nikic</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$128.00</td>
<td>$128.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Ashley Helgans</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$115.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PVH. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PVH compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of PVH's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of PVH's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/PVH/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on PVH analyst ratings.</strong></a></p>
<h2>All You Need to Know About PVH</h2>
<p>PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.</p>
<h3>PVH: Financial Performance Dissected</h3>
<p><strong>Market Capitalization:</strong> Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, PVH faced challenges, resulting in a decline of approximately <strong>-9.55%</strong> in revenue growth as of 30 April, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.</p>
<p><strong>Net Margin:</strong> PVH's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>7.76%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>2.97%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> PVH's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.38%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>0.7</strong>.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


13 Analysts Have This To Say About PVH

<p>Former Speaker of the House <strong>Nancy Pelosi</strong>&#8216;s (D-Calif.) latest endorsement of a political candidate could anger billionaire <strong>Elon Musk</strong> ahead of<a href="https://www.benzinga.com/topic/2024-election"> the 2024 election.</a></p>
<p><strong>What Happened</strong>: <a href="https://www.benzinga.com/general/politics/24/07/39892716/nancy-pelosi-endorses-kamala-harris-for-president-full-confidence-that-she-will-lead-us-to-victo">After Pelosi endorsed </a>Vice President <strong>Kamala Harris</strong> in the 2024 presidential election, she backed San Francisco Supervisor <strong>Dean Preston</strong> in his re-election campaign. </p>
<p>Preston, a local official in Pelosi's Congressional district, is said to be ultra-progressive.  </p>
<p>"This is a powerful endorsement from one of San Francisco's most powerful leaders, and I look forward to working with Speaker Emerita Pelosi in our united effort to defeat <strong>Donald Trump</strong>," Preston said in a statement to <a href="https://www.politico.com/news/2024/07/24/pelosi-endorses-progressive-san-francisco-00170980">Politico</a>.</p>
<p>Last year, Musk said Preston should be in prison for his supporting an ordinance that would make it illegal for security guards to use firearms in attempts to stop theft. Preston's stance on crime has been a hot topic for tech entrepreneurs.</p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">Dean Preston should go to prison</p>
<p>&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1707725140618858935?ref_src=twsrc%5Etfw">September 29, 2023</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p>Democrat <strong>Bilal Mahmood</strong>, a tech entrepreneur and former administration staffer under President <strong>Barack Obama</strong>, is running against Preston.</p>
<p>Musk has previously said he would spend $100,000 in an effort to defeat Preston from getting re-elected. It is not known if Musk donated to the race with Mahmood saying he hasn't received any from the billionaire.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/news/23/10/35253772/elon-musk-confirms-sf-supervisor-dean-preston-quit-x-following-repeated-clashes-with-billionaire-own">Elon Musk Confirms SF Supervisor Dean Preston Quit X Following Repeated Clashes With Billionaire Owner</a></strong></p>
<p><strong>Why It's Important:</strong> San Francisco supervisors act similarly to city council members, according to the report, with tasks like local policy and budget.</p>
<p>The region's retail theft, drug overdoses and homelessness issues have brought in national attention and increased attention from tech leaders who have headquarters in the area.</p>
<p>The local race could now see even more attention if Musk steps up to endorse and financially support Democratic and Republican challengers to Preston. Or Musk could choose to stay out as he recently announced he was moving the company headquarters of <strong>SpaceX </strong>and <strong>X </strong>from <a href="https://www.benzinga.com/news/24/07/39804744/spacex-x-to-move-headquarters-from-california-to-texas-musk-calls-it-the-final-straw-criticizes-gov">California to Texas.</a></p>
<p>Pelosi's husband<strong> Paul Pelosi </strong>has invested in <strong>Tesla Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock over the years, <a href="https://www.benzinga.com/etfs/specialty-etfs/24/07/39618512/nancy-pelosi-loads-up-on-more-nvidia-shares-sells-tesla-she-always-reports-right-before-a-hol">but recently sold </a>2,500 shares in June valued at $250,000 to $500,000.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/general/entertainment/24/07/39695004/elon-musk-warren-buffett-nancy-pelosi-jensen-huang-michael-saylor-who-you-sitting-by-on-a-p">Elon Musk, Warren Buffett, Nancy Pelosi, Jensen Huang, Michael Saylor: Who You Sitting By On A Plane For A 10-Hour Flight?</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


TSLA

Musk Vs. Pelosi: Former Speaker Backs Candidate That The Tesla CEO Says Should Be In Prison

<p>During the last three months, 7 analysts shared their evaluations of SouthState (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSB#NYSE">SSB</a>), revealing diverse outlooks from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $90.14, a high estimate of $98.00, and a low estimate of $81.00. This current average represents a 0.95% decrease from the previous average price target of $91.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721937638_0.png" alt="price target chart" /></p>
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
<p>The standing of SouthState among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Russell Gunther</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Equal-Weight</td>
<td>$88.00</td>
<td>$88.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$81.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Stephen Scouten</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$98.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Catherine Mealor</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$95.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Michael Rose</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$90.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Scouten</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$95.00</td>
<td>$98.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$84.00</td>
<td>$89.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to SouthState. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SouthState compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of SouthState's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of SouthState's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/SSB/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on SouthState analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind SouthState</h2>
<p>SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit cards servicing, ATM processing, and wealth management and trust services.</p>
<h3>Breaking Down SouthState's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Challenges:</strong> SouthState's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately <strong>-8.2%</strong>. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> SouthState's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>27.69%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of <strong>2.08%,</strong> the company may need to address challenges in generating satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>0.26%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> SouthState's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.07</strong>.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Where SouthState Stands With Analysts

<p>FirstCash Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCFS#NASDAQ">FCFS</a>) has outperformed the market over the past 20 years by 4.58% on an annualized basis producing an average annual return of 12.86%. Currently, FirstCash Hldgs has a market capitalization of $5.12 billion. </p>
<p><strong>Buying $100 In FCFS:</strong> If an investor had bought $100 of FCFS stock 20 years ago, it would be worth <strong>$1,126.10</strong> today based on a price of $112.61 for FCFS at the time of writing.</p>
<h3>FirstCash Hldgs's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721937626_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


FCFS

If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,100 Today

<p><strong>TotalEnergies SE</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tte#NYSE">TTE</a>) reported second-quarter 2024 operating earnings of $1.98 (&euro;1.85) per share, missing the Zacks Consensus Estimate of $2.11 by 6.2%.</p>
<p>The bottom line declined 0.5% from the year-ago figure of $1.99 (&euro;1.84). The year-over-year decline was due to lower refining margins.</p>
<h3>Total Revenues</h3>
<p>Total revenues for the second quarter were $53.7 billion, which lagged the year-ago reported revenues of $56.3 billion by 4.5%.</p>
<div class="chart_embed">
<h3>TotalEnergies SE Sponsored ADR Price, Consensus and EPS Surprise</h3>
<p><img alt="TotalEnergies SE Sponsored ADR Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/c8/1721910498.png" style="height:283px; width:620px" title="" /></p>
<p><span style="font-size:13px">TotalEnergies SE Sponsored ADR price-consensus-eps-surprise-chart</span><span style="font-size:13px"> | </span><span style="font-size:13px">TotalEnergies SE Sponsored ADR Quote</span></p>
</div>
<h3>Production</h3>
<p>In the second quarter, hydrocarbon production averaged 2,441 thousand barrels of oil equivalent per day, down 1% year over year. The decline was due to a planned maintenance outage. The hydrocarbon production volumes were near the upper end of the guidance range of 2,400-2,450 thousand barrels of oil equivalent per day.</p>
<p>In the reported quarter, liquid production averaged 1,477 thousand barrels per day, down 6% year over year.</p>
<p>Quarterly gas production was 5,180 thousand cubic feet per day, up 7% year over year, attributed to higher gas output from all regions across the globe where TotalEnergies has natural gas operations.</p>
<h3>Realized Price</h3>
<p>Quarterly realized price for Brent was up 9% to $85 per barrel from $78.1 in the year-earlier period. The average realized liquid price was $81 per barrel, up 13% year over year.</p>
<p>Realized gas prices were down 16% year over year to $5.05 per thousand British thermal units (Btu).</p>
<p>Realized LNG prices were down 5% year over year to $9.32 per thousand Btu.</p>
<h3>Highlights of the Release</h3>
<p>TotalEnergies continued with its multi-energy strategy with a focus on renewable energy. The company further upgraded its portfolio, through acquisitions in Malaysia and deep offshore Congo, and divestments of mature assets in Nigeria, Congo, the United Kingdom and Brunei. In addition, TTE continues to increase medium-term oil exposure within its LNG portfolio by signing two new mid-term Brent-indexed LNG sales contracts in Asia for 1.3 Mt/y.</p>
<p>Net operating income was $5.33 billion, down 4% year over year due to lower refining margins.</p>
<p>Interest expenses were $725 million, nearly at par with the prior-year period.</p>
<p>In the second quarter of 2024, TotalEnergies acquired assets worth $544 million and sold assets worth $324 million.</p>
<p>It repurchased 28.1 million shares in second-quarter 2024 for $2 billion. TotalEnergies repurchased 58.7 million shares in the first half of 2024 for $4 billion.</p>
<h3>Segmental Detail</h3>
<p><strong>Exploration &amp; Production</strong>&#39;s operating earnings were $2.67 billion, up 14% from $2.35 billion in the year-ago period.</p>
<p><strong>Integrated LNG</strong>&#39;s operating income was $1.15 billion, down 13% from $1.33 billion in the year-earlier quarter.</p>
<p><strong>Integrated Power</strong>&#39;s operating income of $502 million rose 12% from $450 million in the year-ago quarter.</p>
<p><strong>Refining &amp; Chemicals</strong>&#39; operating income of $0.64 billion declined 36% from $1 billion in the prior year quarter.</p>
<p><strong>Marketing &amp; Services</strong>&#39; operating income of $379 million fell 16% from $449 million in second-quarter 2023.</p>
<h3>Financial Update</h3>
<p>Cash and cash equivalents as of Jun 30, 2024, were $23.1 billion compared with $25.6 billion as of Jun 30, 2023. Gearing, including leases, was 15.3% at the end of second-quarter 2024 compared with 16.3% at second-quarter 2023-end.</p>
<p>Cash flow from operating activities at the second-quarter end was $4.5 billion.</p>
<h3>Guidance</h3>
<p>TotalEnergies expects third-quarter 2024 hydrocarbon production in the range of 2,400-2,450 thousand barrels of oil equivalent per day. The guidance takes into consideration the contribution from the startup of Anchor, in the U.S. Gulf of Mexico.</p>
<p>TTE anticipates investing in the range of $17-$18 billion in 2024, of which $5 billion will be dedicated to Integrated Power.</p>
<p>In third-quarter 2024, TTE expects the refining utilization rate to be more than 85%, benefiting from the restart of the Donges refinery in France.</p>
<h3>Zacks Rank</h3>
<p>TotalEnergies currently carries a Zacks Rank #3 (Hold).</p>
<h3>Upcoming Releases</h3>
<p><strong>Shell Plc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shel#NYSE">SHEL</a>) is going to release second-quarter 2024 earnings on Aug 1. The Zacks Consensus Estimate for earnings is pegged at $1.87 per share, suggesting a decline of 32.7% from the year-ago reported figure.</p>
<p>SHEL&#39;s long-term (three-to-five-year) earnings growth rate is anticipated to be 5.14%. SHEL had an average earnings surprise of 9.15% in the last four reported quarters.</p>
<p><strong>ExxonMobil</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xom#NYSE">XOM</a>) is going to release second-quarter 2024 earnings on Aug 2. The Zacks Consensus Estimate for earnings is pegged at $2.08 per share, indicating an increase of 7.2% from the year-ago reported figure. XOM&#39;s long-term earnings growth rate is anticipated to be 3%.</p>
<p><strong>Occidental Petroleum</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oxy#NYSE">OXY</a>) is going to release second-quarter 2024 earnings on Aug 7. The Zacks Consensus Estimate for earnings is pegged at 83 cents per share, implying an increase of 22.06% from the year-ago reported figure.</p>
<p>OXY had an average earnings surprise of 11.45% in the last four reported quarters.</p>
<p><a href="https://www.zacks.com/stock/news/2309176/totalenergies-tte-q2-earnings-and-revenues-lag-estimates?cid=CS-BENZ-FT-analyst_blog|earnings_article-2309176">To read this article on Zacks.com click here.</a></p>


Guidance

Markets

SHEL

TotalEnergies Q2 Earnings and Revenues Lag Estimates

<p>Howmet Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HWM#NYSE">HWM</a>) has outperformed the market over the past 5 years by 21.44% on an annualized basis producing an average annual return of 33.9%. Currently, Howmet Aerospace has a market capitalization of $33.86 billion. </p>
<p><strong>Buying $100 In HWM:</strong> If an investor had bought $100 of HWM stock 5 years ago, it would be worth <strong>$430.24</strong> today based on a price of $82.94 for HWM at the time of writing.</p>
<h3>Howmet Aerospace's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721937621_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $100 Invested In Howmet Aerospace 5 Years Ago Would Be Worth Today

Are The Stars Finally Aligned For U.S. Financial Stocks?

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Earnings season is underway and <a href="https://investorplace.com/industries/technology/">technology stocks</a> continue to be on investors&rsquo; radars. Artificial intelligence (<strong>AI</strong>), cloud computing and cybersecurity are three sectors that will continue to provide opportunities for growth-hungry investors. But in a stock picker&rsquo;s market, there are opportunities in underdog sectors if you know where to look.&nbsp;</p>



<p>But growth won&rsquo;t necessarily be easy to find. A hot CPI print, turmoil in the Middle East and concerns over lower corporate earnings are just three areas of concern for investors. There are others, including <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html" target="_blank">higher-for-longer interest rates</a>. &nbsp;</p>



<p>Some of what&rsquo;s happening outside the market is just noise. And some of the concerns are legitimate but are still hypothetical. The playbook is the same whether you&rsquo;re looking for technology stocks or stocks in underdog sectors. Look for strong earnings and stocks that are leaning into growth trends. </p>



<p>Let&rsquo;s delve into three options with one ETF for each sector for investors who want exposure without picking individual stocks. &nbsp;</p>



<h2>Financials</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/smartphone-mobile-financial-fintech-1600-300x169.jpg" alt="Illustration of phone with dollar sign and other graphics symbolizing fintech displayed on and around it, with a blue background. Fintech Stock Bargains"><div>Source: shutterstock.com/ZinetroN</div></div><p>Following market tradition, the big banks have already reported earnings, and the results were mostly good. Nevertheless, the market sold off sharply after the reports as each bank expressed caution about the direction of the economy. &nbsp;</p>



<p>But the <a href="https://investorplace.com/2024/04/3-financial-stocks-short-sellers-are-banking-on-to-fail/" target="_blank">sell-off seems premature and maybe overdone</a>. Banks were hit hard not because interest rates have risen (they&rsquo;re &ldquo;low&rdquo; by historical levels). But the pace at which they got there was disruptive for leveraged banks. As the past few quarters proved, the banking industry remains resilient. Thus, because of their vital role in the world economy, they deserve consideration for your portfolio. &nbsp;</p>



<p>An ETF option in the financial sector is the <strong>Fidelity MSCI Financials Index ETF</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/fncl-stock-quote/"><strong>FNCL</strong></a></span>). The fund has posted an impressive 55% gain in the last five years. The fund&rsquo;s 50 holdings include all of the major banks and has $1.57 billion assets under management (<strong>AUM</strong>). &nbsp;</p>



<h2>Industrials&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/07/robotics-medical-1600-300x169.jpg" alt="robotic arms over medical bed symbolizing medical robotics. favorite robotics stocks to buy"><div>Source: shutterstock.com/MAD.vertise</div></div><p>The industrials sector often brings to mind heavy equipment and stocks like <strong>Caterpillar</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/cat-stock-quote/"><strong>CAT</strong></a></span>). And companies like Caterpillar should do well as more infrastructure money continues to flow into the economy. &nbsp;</p>



<p>However, in 2024 this sector includes areas like robotics and the internet of things (<strong>IoT</strong>). These are areas that are the logical extension of businesses that are creating machine learning and AI models. Plus, this is another sector that will benefit from the move towards more sustainable manufacturing solutions.&nbsp;</p>



<p>An ETF option in the Industrials sector is the <strong>Vanguard Industrials ETF </strong>(NYSEARCA:<span><a href="https://investorplace.com/stock-quotes/vis-stock-quote/"><strong>VIS</strong></a></span>). The fund has around 50 holdings with $5.22 billion of AUM. The P/E ratio of 26.4x is a little higher than the <strong>S&amp;P 500</strong> average, but reflects the nature of a fund that includes both growth and value investments. The fund also has a 1.19% dividend yield and a low 0.10% expense ratio. &nbsp;</p>



<h2>Materials and Mining&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/mining1600c-300x169.jpg" alt="a cart filed with gold in a gold mine"><div>Source: Shutterstock</div></div><p>To understand the bullish argument for the mining sector being one of the underdog sectors to buy, look at the price of gold which is up 26% in just months. But mining stocks such as <strong>Barrick Gold</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/gold-stock-quote/"><strong>GOLD</strong></a></span>) have not participated in the rally. In fact, GOLD stock is down 8.9% as of the market close on April 17. &nbsp;</p>



<p>But analysts project earnings growth for mining stocks which should drive stock price growth. And&nbsp;silver and copper are also expected to rise as the world continues to move to greener, more sustainable technologies, which will drive the growth in these commodity prices. &nbsp;</p>



<p>If you&rsquo;re not interested in picking individual stocks, the <strong>SPDR S&amp;P Metals &amp; Mining ETF</strong> (NYSEARCA:<span><a href="https://investorplace.com/stock-quotes/xme-stock-quote/"><strong>XME</strong></a></span>) is a solid choice. It contains 34 holdings with $2.09 billion of AUM. It also has a P/E ratio of 6.38x which is a discount to the broader market. And, the fund pays a respectable dividend yield of 1.34%, and it has a modest 0.38% net expense ratio. &nbsp;</p>



<p><em>On the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;</em>InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>&nbsp;</em>Publishing Guidelines</a><em>.</em>&nbsp;</p>
<div><p>Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/forget-big-tech-these-3-underdog-sectors-are-about-to-steal-the-show/">Forget Big Tech, These 3 Underdog Sectors Are About to Steal the Show</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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