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Posted by
Two Blokes Jul 6 -
Filed in
Stock
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6 views
QUAL has underperformed the S&P 500 since April, with high-beta stocks outperforming quality-focused names. I maintain a hold rating due to QUAL's weak relative strength and premium valuation, trading at a high 24.2x P/E. The ETF's portfolio is concentrated in large-cap tech, with resistance near $187 and a neutral technical outlook.
