Global X SuperDividend ETF (SDIV) upgraded to buy with 9.29% yield and strong technical support.

Mike Zaccardi upgraded Global X SuperDividend ETF (SDIV) to a buy rating, highlighting its low valuation, solid technical support near $24, and an attractive 9.29% dividend yield. The ETF's portfolio focuses on global small-cap value stocks, Financials, Energy, and Industrials, with minimal exposure to tech. A broader equity rally beyond tech sectors and a weaker US dollar could boost SDIV's performance. Technical indicators suggest the ETF is near oversold levels, with resistance at $26.30, making it a potentially appealing investment opportunity.