First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ: QQXT)

Latest news for First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT)

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

Healthcare

Consumer Cyclical

Industrials

Communication Services

Consumer Defensive

Utilities

Technology

Energy

Real Estate

The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by Nasdaq, Inc. (the Index Provider). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity. The Index is an equal-weighted index composed of the securities comprising the Nasdaq-100 Index that are not classified as technology according to the Industry Classification Benchmark (ICB) classification system. The Nasdaq-100 Index includes 100 of the largest U.S. and international non-financial companies listed on Nasdaq based on market capitalization. According to the Index Provider, in order to be eligible for inclusion in the Index, a security must meet the following criteria: (i) the issuer of the securitys primary U.S. listing must be exclusively listed on the Nasdaq Global Select Market or the Nasdaq Global Market (unless the security was dually listed on another U.S. market prior to January 1, 2004 and has continuously maintained such listing); (ii) the security must be issued by a non-financial company; (iii) the security must meet the liquidity requirements and other eligibility criteria of the Index; and (iv) if the issuer of the security is organized under the laws of a jurisdiction outside the United States, then such security selected for inclusion in the Index must have listed options on a registered options market in the United States or be eligible for listed-options trading on a registered options market in the United States. Index composition changes during scheduled reconstitutions are subject to certain buffers designed to limit turnover. The Index may contain securities, common stocks and depositary receipts issued by mid and large capitalization companies.

Tesla, Inc.

Diamondback Energy Inc.

Baker Hughes Company Class A

Amazon.Com Inc

Biogen Inc.

Old Dominion Freight Line Inc.

Monster Beverages Corp.

Charter Communications Inc.-a

Amgen Inc.

Intuitive Surgical Inc.

AAPL

BIIB

GOOG

First Trust NASDAQ - 100 Ex-Technology Sector Index Fund

QQXT

Biogen Entry to S&amp;P 100 Puts OEF in Focus - ETF News And Commentary

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW

Play the Market Rally with These ETFs - ETF News And Commentary

Earnings

Long Ideas

News

Short Ideas

Intraday Update

Tech

Trading Ideas

ETFs

AMZN

CMCSA

CSTR

NFLX

PNQI

Select Sector SPDR-Consumer Discretionary

Three Competitors Outperforming Netflix

With news that Netflix (NASDAQ: <a class="ticker" href="/stock/nflx#NASDAQ">NFLX</a>) may be <a href="http://www.benzinga.com/news/12/07/2723791/is-netflix-hiding-3-68-billion-in-debt">hiding more than $3.6 billion</a> in debt off its books, both subscribers and investors may be thinking about other options. Citigroup (NYSE: <a class="ticker" href="/stock/c#NYSE">C</a>), in its recently released report on Netflix, remained positive on the stock, though it did mention that competition remained "<a href="http://www.benzinga.com/analyst-ratings/analyst-color/12/07/2716654/citigroup-updates-long-thesis-on-netflix">a very significant risk</a>."

But who are Netflix's competitors? Apple (NASDAQ: <a class="ticker" href="/stock/aapl#NASDAQ">AAPL</a>) and Google (NASDAQ: <a class="ticker" href="/stock/goog#NASDAQ">GOOG</a>) are through their iTunes and YouTube businesses, while Amazon.com (NASDAQ: <a class="ticker" href="/stock/amzn#NASDAQ">AMZN</a>) competes through its streaming video service.

Shares of Amazon jumped 16 percent in late April following a strong earnings report. The stock is up around 30 percent year-to-date despite trading mostly between $210 and $230 since the beginning of May. This S&amp;P 500 component is headquartered in Seattle and has a market capitalization of more than $100 billion. Investors will note the encouraging long-term earnings per share (EPS) growth forecast of about 31%. However, while Amazon's forward earnings multiple is less than its price-to-earnings ratio (P/E), that P/E is much greater than the industry average. Still, over the past six months, the stock has outperformed Netlfix and the S&amp;P 500.

The Redbox DVD rental by kiosk service is also a main competitor to Netflix. Coinstar (NYSE: <a class="ticker" href="/stock/cstr#NYSE">CSTR</a>), which owns Redbox, has seen its share price rise more than 63 percent in the last six months, and shares reached a new multiyear high last week. The specialty retailer has more than 35,000 Redbox kiosks, as well as a market cap of more than $2 billion. Investors may like the healthy return on equity of about 30.7 percent, as well as the consensus price target that is more than 15 percent higher than the current share price. However, investors should also note that company's short interest is more than 31 percent of the float. But over the past six months, the stock has outperformed Netflix and the broader markets.

Philadelphia-based Comcast (NASDAQ: <a class="ticker" href="/stock/cmcsa#NASDAQ">CMCSA</a>), besides partnering with Disney (NYSE: <a class="ticker" href="/stock/dis#NYSE">DIS</a>) and News Corp. (NASDAQ: <a class="ticker" href="/stock/nws#NASDAQ">NWS</a>) to bring Hulu online video to the Internet, also offers streaming video on demand to its subscribers. Shares have pulled back more than 3 percent from a recent multiyear high, and the share price is up more than a third year to date. This S&amp;P 500 component and cable TV provider has a market cap of more than $84 billion. The company also offers a dividend yield near 2 percent and has long-term EPS growth forecast of 15.6 percent. While the P/E ratio is higher than the industry average, Comcast's forward earnings multiple is lower than its trailing P/E. Like Amazon and Coinstar, Comcast has outperformed Netflix over the past six months.

Investors who want to stick with Netflix but spread the risk around may want to consider the following exchange-traded funds invested in the stock. These ETFs are all up more than 10 percent year to date and trading within about 10 percent of their 52-week highs.

<ul><li>Consumer Discretionary Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xly#NYSE">XLY</a>)</li>
<li>First Trust NASDAQ-100 ex-Tech Sector Index (NASDAQ: <a class="ticker" href="/stock/qqxt#NASDAQ">QQXT</a>)</li>
<li>PowerShares NASDAQ Internet (NASDAQ: <a class="ticker" href="/stock/pnqi#NASDAQ">PNQI</a>)</li>
<li>PowerShares QQQ (NASDAQ: <a class="ticker" href="/stock/qqq#NASDAQ">QQQ</a>)</li>
<li>SPDR S&amp;P Retail (NYSE: <a class="ticker" href="/stock/xrt#NYSE">XRT</a>)</li>
</ul>

The Economic Cycle And The Commodity/Gold Ratio

The Growth Of Tech And 25 Years Of Nasdaq Futures

The Curse Of The Mega Caps

U.S. Recession In Motion?

It Is Starting To Look Like An Intermediate-Term Sell-Off

Nasdaq 100: Potential Bullish Reversal Looms Ahead Of Alphabet And Tesla Earnings Results

Strong U.S. GDP Rise For Q2 Derails Recession Forecasts... Again

Above The Noise: Countdown To A Rate Cut

2.8% Growth Vs. 28% Recession Risk: The New Economic Landscape In 2024

Weekly Market Outlook: Central Banks And U.S. Earnings. Will The BoJ Hike Rates?

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

Comments

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

News

Latest news for First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT)

Thursday, March 20, 2014

Monday, July 09, 2012