The iShares Morningstar Small-Cap Growth ETF (ISCG) has an implied analyst target price of $59.16 per unit, which is 15.62% higher than its recent trading price of $51.17 per unit. The underlying holdings with notable upside to their analyst target prices are Integral Ad Science Holding Corp (IAS), Newsmax Inc (NMAX), and Nano Nuclear Energy Inc (NNE).
The iShares Morningstar Small-Cap Growth ETF (ISCG) has seen an implied analyst target price of $59.16 per unit, which is a 15.62% increase from its recent trading price of $51.17 per unit. This upward projection suggests that analysts believe the ETF has significant growth potential. The underlying holdings with notable upside to their analyst target prices include Integral Ad Science Holding Corp (IAS), Newsmax Inc (NMAX), and Nano Nuclear Energy Inc (NNE).
According to the iShares Morningstar Small-Cap Growth ETF's latest data [1], the fund aims to track the Morningstar® U.S. Small Cap Broad Growth Extended Index, which comprises small-capitalization U.S. equities with above-average growth characteristics. The ETF has been ranked highly in terms of costs, tracking error, bid/ask ratio, and holdings diversity, making it a strong contender for long-term investors.
Integral Ad Science Holding Corp (IAS) is one of the notable holdings with a significant upside. Its current price is significantly lower than its analyst target price, indicating potential for growth. Similarly, Newsmax Inc (NMAX) and Nano Nuclear Energy Inc (NNE) also present attractive opportunities with their analyst target prices being higher than their current trading prices.
The ETF's strong performance and the potential for growth in its underlying holdings make it an interesting option for investors seeking exposure to small-cap growth stocks. However, as with any investment, it is essential to conduct thorough research and consider individual risk tolerance before making a decision.
References:
[1] https://money.usnews.com/funds/etfs/small-growth/ishares-morningstar-small-cap-growth-etf/iscg
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