Maximize Returns with AI-Powered QQEW Insights


AI QQEW Forecast

✅ FTGS: This Well-Rounded Large-Cap Growth ETF Comes With A Catch

Finance

The First Trust Growth Strength ETF (NASDAQ:FTGS) provides investors with large-cap equal-weighted exposure to 50 stocks that have increased earnings per share by over 21% annually over the last three years. Trading at 19.17x forward earnings, it's a GARP investor's dream, but there's a catch. Unlike most growth ETFs, analysts expect FTGS's growth rate to slow over the next year, and this relatively poor earnings momentum could become a short-term headwind. Therefore, my advice today is to avoid it, but I still look forward to evaluating its strategy and comparing it with four alternatives in more detail below.

seekingalpha.com     Sep 06, 2024