The stock of VANGUARD SP 500 INDEX ETF (TSE:VFV) reached all time high today, Nov, 24 and still has $55.21 target or 4.00% above today’s $53.09 share price. This indicates more upside for the $911.79M company. This technical setup was reported by Barchart.com. If the $55.21 PT is reached, the company will be worth $36.47M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 4,041 shares traded hands. VANGUARD SP 500 INDEX ETF (TSE:VFV) has risen 12.29% since April 20, 2016 and is uptrending. It has outperformed by 6.88% the S&P500.
More news for VANGUARD SP 500 INDEX ETF (TSE:VFV) were recently published by: Time.com, which released: “Is Vanguard 500 Index Fund Still Worth Owning?” on August 03, 2016. Bloomberg.com‘s article titled: “Put Buffett’s Advice Into Action With These Two ETFs” and published on May 02, 2016 is yet another important article.
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