While the markets had a tough week overall, especially the S&P and the Dow, stocks ended last week strong. In fact, the Nasdaq gains two and a quarter percent with the other indexes not too far behind. Despite the Fed supposed ending interest rate hikes and Friday’s performance, we’re definitely not out of the blue yet.
Market snapshot as of Friday’s close:
If you’re feeling aggressive, consider the Avantis International Small Cap Value ETF (NYSE:AVDV) with over USD 2.9 billion in net assets and a yield of more than 2.6%. International stocks are currently priced at a greater discount than US stocks in terms of price-to-earnings ratio, presenting an unusually more favorable opportunity to jump into it. For more details, go to our news page.
as for an individual stock, Consolidated Water Co. Ltd. (Nasdaq:CWCO) might be of interest. It produces potable water through its desalination plants located primarily in the Carribean where clean water is scarce. Currently, its share price is up over 19% on the year, check out the stock analysis on our website.
You know the drill, investing always comes with some level of risk, so make sure to do your research and consult with a financial advisor before making any big decisions. Remember, stay smart, stay informed, and stay invested!