Cardinal Health Price Target Raised to 136.00
| XNDX Index | 25,932 356.61 1.36% |
About 61% of Nasdaq 100's investor base is looking to short. The analysis of the overall investor sentiment regarding Nasdaq 100 Total suggests that many traders are alarmed. Nasdaq 100's investing sentiment overview a quick insight into current market opportunities from investing in Nasdaq 100 Total. Many technical investors use Nasdaq 100 Total index news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cardinal Health had its target price upped by Morgan Stanley from 127.00 to 136.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have an overweight rating on the stock. Several other research firms also recently weighed in on CAH. Barclays lifted their target price on shares of
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Nasdaq 100 Total Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nasdaq 100 index to make a market-neutral strategy. Peer analysis of Nasdaq 100 could also be used in its relative valuation, which is a method of valuing Nasdaq 100 by comparing valuation metrics with similar companies.
Peers
Nasdaq 100 Related Equities
| KNDI | Kandi Technologies | 5.38 | ||||
| WB | Weibo Corp | 0.61 | ||||
| RDCM | Radcom | 1.08 | ||||
| WNC | Wabash National | 1.20 | ||||
| THO | Thor Industries | 1.53 | ||||
| CARS | Cars | 2.20 | ||||
| RIVN | Rivian Automotive | 2.78 | ||||
| TSLA | Tesla | 4.95 |