Hong Kong stocks slumped alongside other markets in Asia, as rising bets on an interest-rate increase after a blowout US jobs report raised the fear of capital outflows from the region and the unwinding of the AI rallies from the Chinese mainland and South Korea. The Hang Seng Index fell 1.8 per cent to 24,493.50 as of 9.30am local time. The Hang Seng Tech Index dropped 3.1 per cent. The mainland’...
Hong Kong stocks slumped alongside other markets in Asia, as rising bets on an interest-rate increase after a blowout US jobs report raised the fear of capital outflows from the region and the unwinding of the AI rallies from the Chinese mainland and South Korea. The Hang Seng Index fell 1.8 per cent to 24,493.50 as of 9.30am local time. The Hang Seng Tech Index dropped 3.1 per cent. The mainland’s CSI 300 Index slid 1.9 per cent, while the Nasdaq-styled Star Market 50 Index retreated 4.2 per...
Sundry Photography/iStock Editorial via Getty Images In this article, I look at the Fidelity Fundamental Small-Mid Cap ETF ( FFSM ). I recently covered another small/mid-cap ETF when I issued a ‘Hold’ rating on the WisdomTree US MidCap Dividend Fund ETF ( DON ). In the present article, I compare the Fidelity ETF to other funds in its small-cap core sub-class (in which FFSM ranks #6/95 based on See...
Sundry Photography/iStock Editorial via Getty Images In this article, I look at the Fidelity Fundamental Small-Mid Cap ETF ( FFSM ). I recently covered another small/mid-cap ETF when I issued a ‘Hold’ rating on the WisdomTree US MidCap Dividend Fund ETF ( DON ). In the present article, I compare the Fidelity ETF to other funds in its small-cap core sub-class (in which FFSM ranks #6/95 based on Seeking Alpha’s Quant ratings ), as well as the Vanguard Small-Cap Index Fund ( VB ) and Vanguard Mid-Cap Index Fund ( VO ) as small and mid-cap benchmarks. I currently assign a ‘Buy’ rating to the fund, based on its combination of recent momentum, attractive valuation metrics, and strong risk-adjusted performance. While the fund carries a higher expense ratio than passive small and mid-cap alternatives, its actively managed fundamental approach has thus far delivered superior returns per unit of risk when compared to small and mid-cap benchmarks. With signs that market leadership may gradually broaden beyond mega-cap technology stocks, FFMS appears well-positioned to benefit from a more favorable environment for quality small-mid cap companies. Fund Overview The Fidelity Fundamental Small-Mid Cap ETF first came to market on February 21 st , 2021, giving us just over five years of performance and fund management to consider. As of June 4 th , 2026, the fund has $1.28 billion in AUM, making it a somewhat smaller ETF. According to Fidelity , “[t]he fund seeks long-term growth of capital. Normally investing at least 80% of assets in securities of companies with small to medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 2500 Index). Investing in domestic and foreign issuers. Investing in either "growth" stocks or "value" stocks or both. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, and...
Smile/DigitalVision via Getty Images One of the more attractive prospects in the market to me right now has got to be Myers Industries ( MYE ). The business has, in recent memory, grown steadily. Admittedly, financial performance has been a bit of a mixed bag. But on the whole, the firm seems to be healthy and can be expected to continue expanding for the foreseeable future. On top of this, shares...
Smile/DigitalVision via Getty Images One of the more attractive prospects in the market to me right now has got to be Myers Industries ( MYE ). The business has, in recent memory, grown steadily. Admittedly, financial performance has been a bit of a mixed bag. But on the whole, the firm seems to be healthy and can be expected to continue expanding for the foreseeable future. On top of this, shares are cheap, both on an absolute basis and relative to some other similar firms. This naturally makes it a compelling prospect in my book. This is not to say that we won't face certain challenges. We certainly will. That's especially the case as economic conditions continue to deteriorate in the US. But on the whole, I believe that the company justifies a soft 'buy' rating at this time. This was what I rated the company when I last wrote about it in September of last year. Since then, shares have soared 39.3%. That dwarfs the 13.5% increase that the S&P 500 experienced over the same window of time. Even though the easy money has been made, I think that enough additional upside exists here to remain slightly bullish. Digging into Myers Industries Operationally speaking, Myers Industries strikes me as an interesting business. The company has historically operated as a producer of durable, reusable plastic products such as containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, fuel and waste handling products, and more. It also is engaged in the distribution of equipment, tools, and supplies. These focus on the tire servicing and automotive under-vehicle repair markets. And examples here include tire valves and accessories, tire changing and balancing equipment, lifts and alignment equipment, service equipment, and more. Author - SEC EDGAR Data The most recent data that we have regarding the business covers the first quarter of the 2026 fiscal year . During that time, things for the company were quite solid. In the chart a...
South Korean President Lee Jae Myung said his administration will unveil a large-scale investment project aimed at supporting a wider range of future growth engines while also preparing plans to leverage excess tax revenue generated by the semiconductor industry. Speaking at a press conference marking the first anniversary of his presidency on Monday, Lee pledged to move beyond semiconductors for ...
South Korean President Lee Jae Myung said his administration will unveil a large-scale investment project aimed at supporting a wider range of future growth engines while also preparing plans to leverage excess tax revenue generated by the semiconductor industry. Speaking at a press conference marking the first anniversary of his presidency on Monday, Lee pledged to move beyond semiconductors for driving the nation’s economy by fostering world-leading competitiveness across a range of industries. “Above all, the fruits of growth must not remain confined to a select few corporations, regions or sectors,” Lee said in prepared remarks. The comments underscore Lee’s efforts to broaden South Korea’s industrial base at a time when booming semiconductor exports have become a key driver of economic growth and also a source of resentment among those who are not benefiting from it surging profits and bonuses. Lee said the gains and opportunities generated by society as a whole should extend to small- and medium-sized enterprises and startups, spread across regions and sectors, and translate into tangible improvements in people’s daily lives. The president said his government will soon unveil a large-scale investment project that would represent what he called a “fundamental transformation” of the nation’s growth strategy. Lee also said the government will determine how to most effectively utilize surplus tax revenues generated by the semiconductor industry and ensure that the National Growth Fund fulfills its purpose of delivering “growth for all.” Read more: Huge AI Bonuses in Korea Spark Debate Over Sharing Tech Wealth Separately, Lee said his administration would seek concrete results from diplomatic and security initiatives including the revision of the Korea-US Nuclear Cooperation Agreement, the introduction of nuclear-powered submarines and efforts to restore wartime operational control ahead of schedule. He also pledged to crack down on stock-price manipulation and pro...