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Financial Select Sector SPDR Fund (XLF-N)
NYSEARCA:XLF
49.54
0.15
(0.30%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 8 opinions in the last 12 months.
The experts have a bullish outlook on the Financial Select Sector SPDR Fund with a strong focus on financials, private equity, and insurers. They express confidence in its long-term performance and note the current strength and momentum of the financial sector. However, there is some concern about the potential impact of an inverted yield curve on net interest income. Overall, the outlook is positive with opportunities for leveraging volatility to make investments.
$49.890
Owned
Deregulation (under Trump as expected) and private equity in the areas of industrials, tech and consumer are two drivers. The banks enjoyed a major rally this week.
Good long-term hold for the past 20 years, even through all the ups and downs of markets.
Financials are the strongest sector this year. XLF is up 19% this year. He holds 35 stocks in financials and 26 outperform the S&P, including Progressive, KKR and Hartford Financial. They have revenue growth and strong momentum.
Most financials are above their 50-day moving average, technically still in an uptrend. Surprising and healthy. Use volatility like today to put your money to work.
Holds only the financials, including insurers and bigger banks. Avoid the US regionals.
Why are financials labouring today? True, the reports of JPM, Citi and Blackrock were fabulous, but we will have an inverted yield curve (and higher interest rates for longer) which will weigh on net interest income. Not fatal, but he wouldn't step into financials.
In his ETF long/short fund, financials are his second-biggest weighting. XLF includes BRK.B, Visa, JPM, a few regional banks, asset management companies, P&C companies. All are performing well right now. Only made a new high in the last year, start of a new, longer-term bull market.
KIE also looks really good, the insurers. KCE includes asset managers and investment banks, also good.
See his Top Picks.
Financial Select Sector SPDR Fund(XLF-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 8
Financial Select Sector SPDR Fund(XLF-N) Frequently Asked Questions
What is Financial Select Sector SPDR Fund stock symbol?
Financial Select Sector SPDR Fund is a American stock, trading under the symbol XLF-N on the NYSE Arca (XLF). It is usually referred to as AMEX:XLF or XLF-N
Is Financial Select Sector SPDR Fund a buy or a sell?
In the last year, 8 stock analysts published opinions about XLF-N. 6 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 Financial Select Sector SPDR Fund.
Is Financial Select Sector SPDR Fund a good investment or a top pick?
Financial Select Sector SPDR Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Financial Select Sector SPDR Fund.
Why is Financial 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 Financial Select Sector SPDR Fund worth watching?
8 stock analysts on Stockchase covered Financial Select Sector SPDR Fund In the last year. It is a trending stock that is worth watching.
What is Financial Select Sector SPDR Fund stock price?
On 2024-11-20, Financial Select Sector SPDR Fund (XLF-N) stock closed at a price of $49.54.
He's very bullish the market and financials. His fund has 28% exposure in financials, including insurance, private equity and regional banks.