ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
Few sectors have taken as much of a beating as telecommunications and its related exchange traded funds (ETFs). But is a turnaround in the offing?
Some analysts seem to think so. One for Citigroup upgraded telecom to "overweight," since analysts appear to be done slashing their estimates.
Telecoms have a history of underperforming the markets,
reports Dan Burrows for Smart Money. If we are, in fact, at the bottom, says one analyst, telecom could be poised to outperform.
Global telecommunications is undergoing a transformation. India is the fourth largest telecom market in Asia, after China, Japan and South Korea,
reports the Centre for Telecom Policy Studies. The quality of service is improving, as well as the overall accessibility.
Telecom ETFs that might be worth a look:
- iShares Dow Jones US Telecom (IYZ), down 19.2% year-to-date
- iShares S&P Global Telecommunications (IXP), down 10.5% year-to-date
- Vanguard Telecom Services (VOX), down 17.1% year-to-date
complete story here...
04-13-2008, 05:30 PM
Telecommunications ETFs on Line One
Few sectors have taken as much of a beating as telecommunications and its related exchange traded funds (ETFs). But is a turnaround in the offing?
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