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Analysts Predict Significant Upside for Fidelity ETF and Holdings

Analysts see a 40.31% upside for the Fidelity Small-Mid Multifactor ETF (FSMD), with notable highs from Cactus Inc (WHD), Sylvamo Corp (SLVM), and Teradata Corp (TDC). Investors should conduct further research on the validity of these targets.

Date: 
AI Rating:   7
Stock Analysis Overview
According to the recent report, the Fidelity Small-Mid Multifactor ETF (FSMD) is trading at $34.67 with an implied analyst target price of $48.65, indicating a potential upside of 40.31%. This level of anticipated growth is attractive for investors looking at short-term shifts.

Underlying Holdings Performance
Key underlying holdings include Cactus Inc. (WHD), Sylvamo Corp. (SLVM), and Teradata Corp. (TDC), each showing significant upside potential according to analysts:
  • Cactus Inc (WHD) – Recent price: $34.97; Avg. target: $56.57 with an upside of 61.77%.
  • Sylvamo Corp (SLVM) – Recent price: $55.92; Avg. target: $88.67, presenting a 58.56% upside.
  • Teradata Corp (TDC) – Recent price: $19.32; Avg. target: $30.50, 57.87% above.

Given these robust upside predictions from analysts, all three stocks appear to be undervalued in the current market. This suggests that a sector-driven rally could benefit the ETF and its component companies significantly over the next twelve months, appealing for short-term investment considerations.

Market Sentiment and Research
However, while high target prices can indicate positive market sentiment, they may also require a deeper investigation into the companies' fundamental performance and market conditions. Sustained upward movement will depend on these companies meeting or exceeding their growth expectations. Potential investors should watch for any changes in earnings or market conditions affecting these industries.