FIRST TR IPOX 100 INDEX FD (AMEX:FPX)
Exchange traded index fund
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Mr. Market has over reacted on this stock. The PE has dropped too much considering a strong ROE. People will always need decent beds and as soon as the economy recovers they'll have to buy this basic American necessity.
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Not many IPO ETFs and First Trust is not bad compared to other managers.
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ETF. Has done well.
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