Last week, the Vanguard S&P 500 ETF (VOO), remained volatile as investors focused their attention on the Middle East crisis and Federal Reserve’s interest rate announcement. Fund dropped to $547 from the high this month of $556.
Watch out for these VOO ETFs
Watch out for the following companies on S&P 500 Index next week: Apple (AAPL), Micron(MU), FedEx(FDX), Carnival (CCL) and FedEx are the most notable.
Apple (AAPL),
Apple’s stock has fallen by more than 22% since its peak this year. The slow growth of Apple’s sales, its lack of the “next big thing” and the fact it is behind in artificial intelligence (AI) are all factors that contributed to this crash.
Apple’s stock will come under the spotlight due to the constant rumors that the company has been in talks with Perplexity AI to buy the search engine giant.
Perplexity’s last valuation was over $18 billion. This acquisition would be its largest ever. Perplexity’s valuation could be doubled, as AI is a growing field.
Apple is acquiring Perplexity primarily for two reasons. Apple is afraid of being forced to terminate its Google relationship. Google pays over $20 billion per year to be the default search engine.
Apple will acquire Perplexity if its Apple Intelligence product is not successful. The company has been sued as well for making overpromises and not delivering.
Nike (NKE),
Nike is one of the biggest losers in the VOO ETF over the last few years. The stock price has fallen by more than 65% since its peak in 2021. This is a loss of billions.
Nike stock is down because the business of Nike has been under constant pressure ever since it decided to deprioritize Footlocker. Other companies such as Adidas, Under Armor and On Holding took over its space.
Elliot Hill is the new CEO of this company. He has been working on repairing its relationship with them since October last year. The company has also focused on athletics and sports, and he is trying to revitalize the brand.
Nike’s financial results will bring its stock price into the limelight next week. Wall Street analysts expect the figures to show that Nike’s revenue fell by 15% to $10.70 billion in Q1. The company’s forecast for its next quarter is $10.68 Billion, which represents a 7.8% decline from the previous year.
FedEx (FDX),
FedEx will also be a top stock in the VOO ETF to keep an eye on next week when it releases its financial results. The stock will be releasing these numbers after a steep drop of over 25% since its peak in July, last year.
Donald Trump’s tariffs , which have impacted international trade have put FedEx and logistics companies in the spotlight.
Investors will therefore be watching its financial results to gain more insight into its operations. Analysts predict that the revenue will have dropped 1.3% to $21.8 Billion in the first three months. The company’s profit per share is expected to be higher at $5.85 than $5.41 compared with a year ago.
Watch out for these other S&P 500 Index Stocks
Next week, there will also be new top S&P 500 Index companies to keep an eye on. As traders monitor the Middle East crisis, oil and gas companies and defense contractors are likely to be the focus of attention. The rising crude oil price has benefited the stocks of both defense and oil companies .
Other top VOO ETFs to keep an eye on include FactSet Data Systems (formerly Carnival), AeroVironment (now Micron), KB Home and McCormick.
The Top 4 VOO Stocks to Watch Next Week may change as new information becomes available.
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