FDN: A Smart Bet On High-Quality Growth Stocks – First Trust DJ Internet Index ETF (NYSEARCA:FDN)

Andres Cardenal, CFA

The online world is home to many of the most powerful and dynamic companies in the market, and the opportunities for growth are particularly promising when investing in businesses operating through the internet. On the other hand, the competitive landscape is always changing, and this is an important risk factor to consider when investing in internet stocks. Diversification can be a smart way to bet on a portfolio of rapidly growing companies while keeping the company-specific risk under control, and First Trust DJ Internet Index ETF (FDN) is a great…

Japan Producer Prices Ease 0.1% In May

Producer prices in Japan were down 0.1 percent on month in May, the Bank of Japan said on Wednesday. That missed forecasts for a flat reading following the 0.4 percent increase in April. On a yearly basis, producer prices added 0.7 percent – in line with expectations following the 1.3 percent gain in the previous month. Export prices were down 1.4 percent on month and 2.7 percent on year, the central bank said, while import prices sank 0.3 percent on month and 1.4 percent on year. For comments and feedback…

If big tech companies are split up, shareholders could benefit

Shares of Big Tech firms got hit with a bit of antitrust angst last week, tumbling on news that they could face scrutiny over their dominant competitive positions in digital markets. Apple Inc. (AAPL), Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN) and Facebook Inc. (FB) lost a combined total of $140 billion in market capitalization on Monday, as the Department of Justice (DOJ) and the Federal Trade Commission (FTC) get set to begin their investigations. But contrary to the pessimism of the markets, New York University marketing professor Scott Galloway believes that breaking up Big…