This summary was created by AI, based on 6 opinions in the last 12 months.
Multiple experts are optimistic about the Industrial Select Sector SPDR Fund (XLI-N) with some highlighting its potential for growth and room to catch up with technology. They also note that US industrials are well-positioned compared to other sectors due to growth prospects. However, there are concerns about the high forward PE ratio and cyclicality of industrials. Overall, the consensus is that the sector holds promise despite some reservations.
Broadly speaking, likes industrials. Top names here: CAT, RTX, GE, UBER, UNP. BA would be in the top 10, but #10 at this point. In general, infrastructure spend will be higher. Overall US economy is not going into recession, so some of these names are undervalued. This sector has room to catch up to technology. Brand-new 52-week high today.
Makes a lot of sense. Also consider PAVE.
Likes industrials in the US compared to other sectors because there's growth here.
He likes US industrials. XLI has done well but can go higher. The rally in the US is expanding beyond megatech already. Aerospace and defense on drivers, and this holds big names like Raytheon.
Seasonal stock that will continue to own. Jan-May good time to own shares. Will continue to own. Recent pullback a good time to buy.
Given all the economic uncertain, the agriculture sector isn't willing to invest in capital equipment (i.e. Deere), so this sector lacks investor excitement.
Large industrials are strong seasonally from late October to end-Decemeber, then January into May. If we see rotation out of tech, industrials will benefit. He expects this to happen. XLI is currently at support.
XLI charges only 10 basis points, pays a small 1.58% dividend yield, but it holds some heavy hitters: Honeywell, UPS, Union Pacific, Boeing, Raytheon and Caterpillar in that order. Yes, GE also sits in this basket, but so do Lockheed Martin and Deere. The biggest holding, Honeywell, has exposure to defense, but more so automation in manufacturing, a growing area and one that’s needed in the current labour shortage. Read: Canadian Tire, Savaria & XLI
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The industrial sector should see growth from global economic growth and increased government spending on infrastructure. Buyable at these levels. Unlock Premium - Try 5i Free
Industrial Select Sector SPDR Fund is a American stock, trading under the symbol XLI-N on the NYSE Arca (XLI). It is usually referred to as AMEX:XLI or XLI-N
In the last year, 5 stock analysts published opinions about XLI-N. 3 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 Industrial Select Sector SPDR Fund.
Industrial Select Sector SPDR Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for Industrial Select Sector SPDR Fund.
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.
5 stock analysts on Stockchase covered Industrial Select Sector SPDR Fund In the last year. It is a trending stock that is worth watching.
On 2024-11-20, Industrial Select Sector SPDR Fund (XLI-N) stock closed at a price of $138.95.
Industrials have done very well for him, but are now expensive at 24x forward PE, higher than the S&P. Industrials are cyclical, too.