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Schwab US Dividend Equity ETF Sees Positive Fund Flows

Schwab US Dividend Equity ETF Sees Positive Fund Flows

Schwab US Dividend Equity ETF ( $SCHD ) has risen by 0.64% in the past week. It has experienced a 5-day net inflow of $70.07 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

Confident Investing Starts Here:

  • Conocophillips has been the focus of several analyst reports recently, with a mixed outlook on its stock. Analysts from Scotiabank and Bank of America Securities have downgraded the stock to a Hold rating, while others maintain a Strong Buy consensus with a price target of $114.12, indicating a potential upside. The stock is currently trading close to its 52-week low, which might present an opportunity for investors looking for growth in the energy sector.
  • Coca-cola Company has faced some challenges with its recent AI-driven advertising campaigns, which have been criticized for inaccuracies and visual issues. Despite these setbacks, Coca-Cola’s stock has shown resilience, with a 15.14% year-to-date increase. The company is also expanding its distribution capabilities in Ohio, which is expected to boost local employment and improve efficiency. Analysts maintain a Strong Buy rating with a price target of $79.33, suggesting further growth potential.
  • Verizon Communications is making strategic changes by removing its DEI programs to secure approval for its $9.6 billion acquisition of Frontier Communications. This move is part of Verizon’s efforts to enhance its fiber network and compete with major rivals. Despite these changes, Verizon’s stock has seen only a slight increase. Analysts have a Moderate Buy consensus with a price target of $47.64, indicating a modest upside for investors.

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