Related posts

Markets mixed as first vaccines reach North AmericaMarkets continue to rally despite latest job losses
Investor Insights

This summary was created by AI, based on 9 opinions in the last 12 months.

Experts are generally bullish on the Energy Select Sector SPDR Fund (XLE-N) due to expectations of interest rate cuts, strong long-term supply and demand for energy stocks, and the low inventory levels. They also believe that energy prices will remain high and that the sector is no longer subject to extreme fluctuations. However, there are concerns about the potential for oil price vulnerabilities and softness in demand. Overall, the sentiment is positive towards the stock, with a focus on the potential for future growth.

Consensus
Bullish
Valuation
Fair Value
Similar
ExxonMobil,XOM
BUY

Interest rate cuts are expected sometime this year, so you want to be into dividend payers before those cuts happen.

E.T.F.'s
COMMENT

Long-term supply and demand will support energy stocks, but now the commodity is range-bound. Stronger demand from China and geopolitical concerns will raise energy prices and stocks. 

E.T.F.'s
BUY

The oil price is up 16% in the past 3 months and energy stocks up 11%, so stocks lag. However, interest in oil futures has not been this high since Oct. 2021, so eeryone is looking for oil opportunities. Also, hedge funds are holding their highest positions in energy since Feb. 2022, when the Russian war began. This means the spot price of oil is vulnerable to a correction, but the supply/demand imbalance makes energy stocks a buy.

E.T.F.'s
BUY

A great equal-weighted ETF in oil holding 25 names, more mid-cap than large-cap. She's bullish oil.

E.T.F.'s
SELL ON STRENGTH

Good way to get exposure to global energy.
Energy fully valued, might be a good time to sell on strength.
Quality ETF. 

E.T.F.'s
BUY

She's very bullish energy; energy prices will remain high. $86 is the new $60. The Saudis hold all the cards, so they have an incentive to keep the oil market tight. Inventories are very low and the free cash flow yield in this sector is ove 10%. Spending is disciplined and companies are givign back to shareholders. This is no longer a feast or famine sector.

E.T.F.'s
BUY

She likes energy for the second half, that it's lagged in the first half of 2023. There's a floor on the oil price, which will support these stocks. Continuing consumer demand for travel will help support energy.

E.T.F.'s
BUY

Oil has been weak lately due to recession fears and the uneven open in China, but we're entering a traditionally strong season for crude. XLE is up 2.5% this month, though -9% YTD. He still likes fundamental earnings and free cash flows of the oil companies. He still likes energy and sees upside in the near-term.

E.T.F.'s
COMMENT

He's hurting energy which is -9% YTD. There's clearly softness in coil demand; China's reopening is uneven. But crude oil is mispriced.

E.T.F.'s
BUY ON WEAKNESS

Bullish on energy prices long term.
Saudi oil cuts will boost energy prices in short term.
Wait to buy on weakness.


E.T.F.'s
SELL

Big runup, and then a sideways consolidation. Easy money's been made in energy. Oil likely to move lower and be in a sideways, choppy trading range. For the bulk of this year, and into 2024, energy stocks will go sideways and be relative underperformers. For example, if market's up 10%, energy might be up 8-9%. So they'll be broadly in line with market, but will underperform. They're late-cycle plays, and all his works shows that we're starting a new cycle.

E.T.F.'s
BUY
Energy companies are paying down debt and giving back to shareholders. This sector is now the 4th-biggest on the S&P
E.T.F.'s
BUY
As long as (WTI) oil remains above $60, oil companies will remain cash machines. She'll wait this cycle out. Also, PEs are low like Devon at 7x and Chevron at 10x. There's a lot of runway.
E.T.F.'s
BUY
It's up 70% YTD, so oil is due for a pause. There's still runway ahead in the long term, and a pullback in the short-term, but at $60 a barrel, these names remain profitable.
E.T.F.'s
BUY
She doesn't own the big integrateds. There will be strength in oil. We may see a modest economic slowdown in the second half of 2023, and that could be a chance to buy tese oil stocks. You probably get another shot at these stocks, and integrateds will be a great way to buy it. Also, they have exposure to renewables.
E.T.F.'s
Showing 1 to 15 of 53 entries

Energy Select Sector SPDR Fund(XLE-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Energy Select Sector SPDR Fund 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.

Energy Select Sector SPDR Fund(XLE-N) Frequently Asked Questions

What is Energy Select Sector SPDR Fund stock symbol?

Energy Select Sector SPDR Fund 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 Energy Select Sector SPDR Fund a buy or a sell?

In the last year, 8 stock analysts published opinions about XLE-N. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Energy Select Sector SPDR Fund.

Is Energy Select Sector SPDR Fund a good investment or a top pick?

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

Why is Energy Select Sector SPDR Fund 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 Energy Select Sector SPDR Fund worth watching?

8 stock analysts on Stockchase covered Energy Select Sector SPDR Fund In the last year. It is a trending stock that is worth watching.

What is Energy Select Sector SPDR Fund stock price?

On 2024-04-12, Energy Select Sector SPDR Fund (XLE-N) stock closed at a price of $96.13.