You see an opportunity and take advantage of it. But these trend etfs are usually not worthwhile. Rather the top stocks in the sector.
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3Lun
@DerUnwissende yes, I think so too, I'll probably invest in the coolness of $CARR.
Price level: around 74.6 $
P/E: Forward below 27x, trailing ~11x → clearly more favorably valued than Trane 
Analyst sentiment: mostly "outperform" to "buy" - JPMorgan at "overweight" with $78 target; consensus target ~$80 (~10% upside) 
Fundamentals:
Strong earnings growth (~19% sales +27% earnings growth)
Relative strength rising, technical pattern with breakout potential
Price level: around 74.6 $
P/E: Forward below 27x, trailing ~11x → clearly more favorably valued than Trane 
Analyst sentiment: mostly "outperform" to "buy" - JPMorgan at "overweight" with $78 target; consensus target ~$80 (~10% upside) 
Fundamentals:
Strong earnings growth (~19% sales +27% earnings growth)
Relative strength rising, technical pattern with breakout potential
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