Credit: Shutterstock photoIn a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Halliburton Company (Symbol: HAL) has taken over the #24 spot from Edwards Lifesciences Corp (Symbol: EW), according to ETF Channel . Below is a chart of Halliburton Company versus Edwards Lifesciences Corp plotting their respective rank within the S&P 500 over time (HAL plotted in blue; EW plotted in green):
Below is a three month price history chart comparing the stock performance of HAL vs. EW:
According to the ETF Finder at ETF Channel, HAL and EW collectively make up 1.08% of the First Trust Large Cap Growth AlphaDEX Fund ETF ( FTC ) which is trading lower by about 1% on the day Monday.
HAL is currently trading down about 4.5%, while EW is off about 1.5% midday Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
