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Defensive Stocks Redefined: Less Volatility + Reliable Dividend23 Stock Top Picks and 7 ETF (Nov 30 Dec 6)This summary was created by AI, based on 7 opinions in the last 12 months.
Experts are generally positive about the SPDR Consumer Staples ETF (XLP-N), citing its stability and potential for growth. They believe that consumer staples perform well regardless of the direction of the economy and that there is still upside left in the stock. Some experts see it as a good investment opportunity, especially in a volatile market, while others note its predictability and liquidity. Overall, the outlook for this ETF is positive, with some experts recommending it as a defensive option in the current market.
Has moved out of J&J into this product. Believes fundamentals good for consumer staples. Chart indicating a bounce off the low. Chart indicating room to grow. Would recommend investing.
Rising interest rates have hurt all sectors except tech. Staples didn't find relief. Rather, investors stayed in tech and didn't buy staples. XLP's chart has been rangebound for the last 2 years, but he expects a bounce because investors this time of year barbell their portfolios to reduce risk.
We'll continue to see the consumer transition away from discretionary to staples. And there will be brand power in staples.
Boring is good and now is not a good time to hold a lot of beta. It's rangebound with a $78 ceiling. Staples do okay in the summer. Will sell it in the fall.
Owning staples is good for a volatile market. This ETF holds classic staples, is coming off a sideways range, and is a good place to hold money through the summer and also for recessionary times and lower markets. There are no big gains or losses but it is predictable and he knows where to sell it since he has traded it many many times. Familiarity with trading the same stocks frequently is important. It is also very liquid.
Consumer staples, a.k.a., "boring business" models performing well.
Current price is demanding a premium, but investors willing to pay.
Excellent way to get exposure to consumer staples.
Good time of the year to buy "defensive names".
He expects a recession later this year, so you want to own consumer staples, things that people need to get them through a recession. These stocks have solid balance sheets and pay good dividends.
SPDR Consumer Staples ETF is a American stock, trading under the symbol XLP-N on the NYSE Arca (XLP). It is usually referred to as AMEX:XLP or XLP-N
In the last year, 2 stock analysts published opinions about XLP-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 Consumer Staples ETF.
SPDR Consumer Staples ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for SPDR Consumer Staples ETF.
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.
2 stock analysts on Stockchase covered SPDR Consumer Staples ETF In the last year. It is a trending stock that is worth watching.
On 2024-10-11, SPDR Consumer Staples ETF (XLP-N) stock closed at a price of $81.64.
Will continue to hold. Likes direction of chart. Consumer staples do well regardless of direction of economy. Believes still upside left in stock.