Buy, Sell or Hold: SPDR Energy ETF (XLE-N) — Stock Predictions at Stockchase

NYSEARCA:XLE

64.77

0.26 (0.40%) 1d

Showing 1 to 15 of 36 entries

BUY

Energy is her top pick for 2022. She owns big positions in both ETFs (XLE and XOP). She sees more upside for energy in 2022. In recent years, energy names have been left for dead, pressured by ESG and global government regulations; energy has badly lagged gains in the Nasdaq in the last 10 years. If we get past Covid, there's a good chance that 12 months from, oil demand will outstrip supply. Lots of runway in energy to come.

E.T.F.'s

COMMENT

XLE has large cap stocks in oil production area. It adds market beta to these names. Crude oil ETF only deals with crude. In the meltdown of oil, crude is still down when it is leveraged. DBO is not leveraged and is a good option for exposure. It also rolls contracts well to give exposure to general investors to oil.

E.T.F.'s

BUY

The world is moving away from oil, but in the short term, there could be increased demand to supply. If oil is $60-$80, oil stocks are pretty cheap. Likes the sector to trade, but not for the long term. The biggest investors in green energy are these traditional energy companies.

E.T.F.'s

SELL

He remains bearish oil and XLE.

E.T.F.'s

SELL

He remains bearish oil and XLE.

E.T.F.'s

COMMENT

Both the US and Canada governments are now less supportive of the energy sector overall. However, because of cut-back in capital expenditure, the reflation story is positive for the next year. Crude oil prices can climb to $50-$60. Ultimately, this will not be sustainable but you could be over-weight for the next 6-12 months.

E.T.F.'s

PAST TOP PICK

(A Top Pick Apr 03/19, Down 4%) The supply demand case for energy is really quite strong but fundamentally investors are concerned about the future.

E.T.F.'s

TOP PICK

It's an American oil ETF. XLE is well off its highs, so there's room to run. There's a month left in oil seasonality, so now is the time to buy.

E.T.F.'s

PAST TOP PICK

(A Top Pick Feb 09/18, Up 4%) It is OK because it is US. Energy in the US is OK unlike Canada.

E.T.F.'s

TOP PICK

He is looking for a rebound in oil and it is trading at three years lows. When something is this cheap it is worth looking at. It holds all the big US integrated stocks and avoids Canadian only energy holdings -- where he is not thrilled to be in right now. Yield (12-month) 3.5%.

E.T.F.'s

PAST TOP PICK

(A Top Pick February 22/18 Up 16%) They took an even larger position in the Canadian sector, but took profit recently. The seasonal peak is from February 25 to May 9, so thinks this sector is due for a retracement. Inventories are being talked higher, so he thinks it is time to take profit on this one.

E.T.F.'s

TOP PICK

If the price of oil starts to ramp up we will do just fine. This is a safer way to get into the energy sector. We came back to the November/December lows.

E.T.F.'s

COMMENT

XLE-N vs. XOM-N. XLE-N is the US ETF on energy and is primarily 22% XOM-T. He sees very little growth going forward in XOM-N. He thinks there are better plays in the energy sector. He would be willing to gamble more on Canadian names that are so depressed in price. See Top Picks today.

E.T.F.'s

PAST TOP PICK

(A Top Pick June 30/17 - Up 2.7%.) He continues to hold it. Likes it better than the Canadian space.

E.T.F.'s

PAST TOP PICK

(A Top Pick May 11/17. Up 15%.) He's been buying this since last summer, and is continuing to hold.

E.T.F.'s

Showing 1 to 15 of 36 entries

SPDR Energy ETF(XLE-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 4

Stockchase rating for SPDR Energy ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

SPDR Energy ETF(XLE-N) Frequently Asked Questions

What is SPDR Energy ETF stock symbol?

SPDR Energy ETF is a American stock, trading under the symbol XLE-N on the NYSE Arca (XLE). It is usually referred to as AMEX:XLE or XLE-N

Is SPDR Energy ETF a buy or a sell?

In the last year, 4 stock analysts published opinions about XLE-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR Energy ETF.

Is SPDR Energy ETF a good investment or a top pick?

SPDR Energy ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR Energy ETF.

Why is SPDR Energy ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is SPDR Energy ETF worth watching?

4 stock analysts on Stockchase covered SPDR Energy ETF In the last year. It is a trending stock that is worth watching.

What is SPDR Energy ETF stock price?

On 2022-01-18, SPDR Energy ETF (XLE-N) stock closed at a price of $64.77.

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