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PowerShares Dynamic Leisure & Entertainment ETFPEJPAST TOP PICKJun 14, 2013Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
This is a whole mix of entertainment and leisure type companies. If we are considering an economic recovery, then consumer discretionary stocks should do very well. This ETF is composed of hotels, restaurants, cruise lines, gaming houses. Has about 30 companies and they are all rebalanced quarterly. They are looked at by management actions, price momentum, earnings momentum and a number of value criteria.
(A Top Pick Jun22/12. Up 0.33%.) Usually from the end of June until the end of August this has a period of seasonal strength. This year looked particularly interesting as gasoline prices were coming down at the end of June which meant more money for the consumer. Also the opportunity to see really good movies in the summertime attracted a lot of audience. However, gasoline prices this year at the end of June went way up. If you are in this, now is the time to look for better opportunities.
(Top Pick Jun 22/12, Up 31.76%) Doesn’t look as good this summer. There is only one blockbuster movie, “Superman” which opened today. He is not bullish on the movie companies for the seasonal trade this year. If you want one company, your choice would be Disney.