Alert: Major Price Advance (11/14/23)-VanEck Vectors Solar Energy ETF (NYSE: AG).


VanEck Vectors Solar Energy ETF (NYSE: AG) stock enjoyed a major increase of 10.3% on 11/14/23. The shares closed at $5.03. Relative to the market the stock has been weak over the last nine months but has risen 8.4% during the last week.


Current PriceTarget Research Rating

AG’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

First Majestic Silver has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Majestic Silver has a neutral Appreciation Score of 56 and a slightly negative Power Rating of 33, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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