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

NYSEARCA:XLK

152.35

1.98 (1.28%) 1d

Showing 1 to 15 of 77 entries

HOLD

In the US tech sector, granddaddy of ETFs. Seasonal period takes a brief hiatus, and then picks up again until late January. Performing well. He was overweight tech, but has taken that back as he transitions to the new year. Rotation might take funds away from tech towards the end of January. We're still in the window, but it's getting late to issue a "buy". If you're a trader, there could be some opportunity for the next month or so.

E.T.F.'s

BUY

The 10-year yield His technical analysis: the 10-year yield has moved down since its 1.77% high earlier this year then fell down to 1.2% in mid-July, but when it rallied to 1.38% the yield hit a ceiling and closed today at 1.28% which disappointed those who expected it to rise higher. The popular belief of it hitting 2% by year's end won't happen. Given the yield, tech looks good. The XLK chart shows an uptrend since Dec. 2019. Likes this sector. Buy it.

E.T.F.'s

BUY

Allan Tong’s Discover Picks To compare, the S&P outperforms XLK by 3%. However, if we consider the past month, the roles are reversed, with the S&P up 3.3%, but the XLK popping over 7%. XLK pays a 1.02% dividend, which isn’t bad for tech, and it charges a low 0.13% MER. XLK trades at a 32.6x PE, which falls exactly between Apple’s 29.2x and Microsoft’s 35.2x. If you want one-stop U.S. tech shopping that includes the best tech stocks to buy, XLK is the place to go. Read 3 Best Tech Stocks to Buy Now for our full analysis.

E.T.F.'s

COMMENT

One of the broader ETFs out there, holding larger cap tech vendors. You get on the train and expect a great deal of volatility. Instead, take a look at some of the true tech hedge funds out there, which have a moral of capital preservation. Smooths out the downside of black swan events. Sees ETFs as trading, not investment, vehicles.

E.T.F.'s

COMMENT

QQQ vs XLK? XLK has a large position in MSFT and AAPL, whereas the QQQ is more diversified. To broaden the exposure he might add KWEB that adds exposure into the Asian marketplace, including BABA. He thinks these holdings will continue to crush things.

E.T.F.'s

BUY

In late-2018, FB kicked off the selling in FANGs. He was happy about that--he picked up cheap stocks. XLK has done very well for him and he's long held it.

E.T.F.'s

BUY

An ETF with Microsoft as a major holding? This is the obvious choice. But he cautions over the American market in general in the next few years. Also, the American public has been looking at tech companies with suspicion. Instead of tech, he'd look at banks.

E.T.F.'s

COMMENT

The granddaddy of them all. It's market-cap weighted, so the top 10 holdings amount to around 40-50% of this ETF. Overall, tech is not a bad sector; there is good growth and strong balance sheets. To avoid market-cap weighting, consider RYT: the equal-weight tech index which gives you far broader diversification with the top 10 holding amounting to only 16% of this ETF.

E.T.F.'s

COMMENT

A tech ETF to anchor a portfolio? It's a little late to get into tech; tech has had its run. You're late to the party. KLX could anchor, dominated by Apple and Microsoft, but why not buy Apple instead?

E.T.F.'s

DON'T BUY

It tracks the tech sector in the US. We are late stages and the US market is the most expensive in the world. He would prefer something different – see Top Picks.

E.T.F.'s

COMMENT

A tech ETF recommendation? He likes XLK-N, which has all the big players and of course QQQ-Q and the ZQQ-T. It depends on whether you want a particular skew in Apple, Facebook, etc. The QQQ-Q provides the best diversification he thinks.

E.T.F.'s

DON'T BUY

XIT-T vs. XLK-T. XIT-T is a market cap ETF. XLK-T is very diversified. XIT-T will be much more volatile. He would choose XLK-T because of diversification. The top has been in place for a while so he would be worried about them both. He would stay away, but choose XLK-T if his arm was twisted.

E.T.F.'s

COMMENT

Sell XLK to buy XLC? Don’t. Rather than reduce XLK, you may want to rebalance it down. Just buy Google and Facebook, because they’re the dominant ones. Do you really want Verizon in there? ETFs are a great vehicle, but if you take the time to look at the holdings with weightings, why pay someone else to buy something you can buy yourself.

E.T.F.'s

DON'T BUY

Technology this year has outperformed everything. He thinks that Technology is facing headwinds going forward in the way of more regulation as they are seen as monopolistic giants abusing their power. He thinks this ETF is going to do OK but there is more value in other sectors. The GICS classification is changing a little and telecommunications is moving to the communications sector, so this ETF will be affected. High liquid, low cost highly efficient way to get exposure to the sector.

E.T.F.'s

BUY

Technology is a growth sector, which mitigates the seasonal fluctuations. Above average growth this year. Seasonal strength between October and end of year. Tech will benefit from cyclicality and push higher to end of the year.

E.T.F.'s

Showing 1 to 15 of 77 entries

SPDR Technology ETF(XLK-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for SPDR Technology 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 Technology ETF(XLK-N) Frequently Asked Questions

What is SPDR Technology ETF stock symbol?

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

Is SPDR Technology ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about XLK-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SPDR Technology ETF.

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

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

Why is SPDR Technology 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 Technology ETF worth watching?

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

What is SPDR Technology ETF stock price?

On 2022-01-24, SPDR Technology ETF (XLK-N) stock closed at a price of $152.35.

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