Dave stock forecast sentiment trackers report a 72% ‘buy’

Dave stock forecast sentiment trackers report a 72% ‘buy’ rating among analysts, reflecting optimistic expectations for profitability in H2 as cost-per-acquisition trends decline. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Armour: Yeah, so there’s a couple layers to this, and I do the Active/Passive Barometer for Morningstar, and so success rates are higher among passives. It’s typically lower for active in small-cap US stocks, but overall if you have a concentrated strategy, it can become more problematic in an ETF wrapper because unlike a mutual fund, you can’t close down to new investors, and so active ETFs that’ve really settled into the small-cap space and are the most popular tend to be broader portfolios, systematic selection, and tweaking other portfolios like from Dimensional Fund Advisors and Avantis, for example. So I would say index or some of these broad portfolio active. Market sentiment metrics place Dave in the top quartile of fintech stocks for investor confidence, reinforcing optimistic projections in its stock forecast for late 2024.