Trending stocks today
Financial Select Sector SPDR Fund (XLF-N)
NYSEARCA:XLF
45.56
0.13
(0.28%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are bullish on the Financial Select Sector SPDR Fund (XLF-N) as it is considered the No. 1 US financials ETF. The fund includes well-performing companies such as BRK.B, Visa, and JPM, as well as regional banks and asset management firms. The ETF is showing strong performance, making new highs in the last year and signaling the start of a new, longer-term bull market. Other related ETFs like KIE and KCE are also looking promising, especially in the insurers and asset management sectors.
$44.680
Unknown
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.
Top 2 or 3 ETFs until 2022. He likes SMH-N - semiconductors. XLF-N still has upside as the financials have underperformed. Canadian banks stick out as well. They are sitting on a whack of cash and have not been able to raise dividends. They will probably take some loan loss provisions back into earnings soon.
Financial Select Sector SPDR Fund(XLF-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 5
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, 5 stock analysts published opinions about XLF-N. 4 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?
5 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 2024-09-20, Financial Select Sector SPDR Fund (XLF-N) stock closed at a price of $45.56.
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.