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Showing 1 to 15 of 19 entries
BUY

He's not surprised by the outflows from tech, which has been defensive this year. If Delta continues to slow and accomodative policy continues, investors will look at other places in the market for returns. KRE was below market weight. He trimmed his holding in June and jusT added to it. Cyclicals are up; financials have been flat this month, though up this past week. He likes regional banks; there's a return to loan demand.

E.T.F.'s
BUY
Financials work really well in this re-flation trade. This goes right into it and should play very well at this time.
E.T.F.'s
BUY

Financials have been slower to recover, only gaining strength in September-October. Still have a long way to go. If you believe we had a generational low in long-term interest rates, and we're just entering a reflationary cycle, insurance companies benefit as assets go up in price. Higher rates are really good. Also interesting are KIE and KBE. Most interesting is IAI, making new highs. As a group, financials have underperformed since 2007, so they should now have a tailwind in this environment.

E.T.F.'s
WAIT
Underweight US banks right now. They've underperformed the S&P for a while. Low interest rates, plus economic uncertainty. If interest rates start to move, they'll do better. But not now.
E.T.F.'s
DON'T BUY
Short term it is a goodbye. You are too early on this by a couple of years at least. Flat and inverted yield curves are toxic for their earnings. The Canadian banks are some of the better ones in the world as they rely more on fees than on interest margins. You also get dividend tax credits.
E.T.F.'s
COMMENT
Regional banks can defend better in a weaker economy. Declining rates are tough for all banks. Competition is hurting deposit costs, while yields are weakening on assets. Credit is pristine right now, so there is no where but downside from a credit perspective. He is not expecting an immediate turn, but he can't convince himself there will be many more buyers from here.
E.T.F.'s
DON'T BUY
The US regionals are driven by the US economy which has been on a decent pace. But it'll slow down this year and maybe the next. They're doing fine, chugging along, with no credit issues. He's lukewarm about KRE. It's sold off lately. Hold onto it and don't get aggressive now. Commercial lending is cyclically sensitive, which is his concern.
E.T.F.'s
BUY
Canadian Banks, BAC-N. See his educational segment today on Canadian banks. The US banks will make weaker lows before new highs. He is long on KRE-T (US Banks).
E.T.F.'s
BUY
He does not own ETFs but he owns regional banks and likes the industry very much. See his Top Picks today. Interest rates are going up for sure in the US. The yield curve is flat in the US but showing signs of steepening, which is positive for them. He would buy this one if you are into ETFs.
E.T.F.'s
BUY

KBE vs. KRE? Both US listed. KBE is basically the S&P US bank index. KRE is regional banks. Difference is regional banks are consumer oriented, like Canadian banks. They are not “big enough to fail.” They haven’t performed. US banks will probably perform, because they’re cheap. Either one would be fine, but the regional one is slightly less risky, KRE would probably be the better of the two.

E.T.F.'s
HOLD

Don't sell it. Hold it. We're finally seeing rising rates benefit the banks which are well-capitalised with good profits. The American consumer is still strong. US regionals don't need to worry about international trade tensions, though consumers could get hurt by tariffs. Good capital return and stock buybacks. ON KRE has been slumping, so yes, it's been frustrating. Consider the regional bank, PNC Financial, though.

E.T.F.'s
BUY

He would prefer KRE-N but would have no issue with BAC-N as long as the US economy is in decent shape.

E.T.F.'s
COMMENT

He doesn’t own this now but is very seriously looking at it for a buy in the near future. He sees the correction as a possible opportunity to buy.

E.T.F.'s
BUY

With the stress tests completed and the ability to return capital to shareholders, would you buy specific regional banks or this ETF instead? With the stress tests completed and a lot more freedom in returning capital to shareholders, these banks’ health has everything to do with the US economy. Slow, but steady, continuing to do well, and the housing market which is only halfway through recovery. Overall, they are doing well and he would consider owning all of the names through this ETF.

E.T.F.'s
COMMENT

SPDR Financial (XLF-N) or SPDR S&P Regional Banking? He likes XLF more because it has the larger cap more diversified names that are in capital markets, investment management, security management and wealth management. Interest rates will eventually move higher, but will stay low for long, and you want to have companies that are more diversified.

E.T.F.'s
Showing 1 to 15 of 19 entries

SPDR S&P Regional Banking ETF(KRE-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for SPDR S&P Regional Banking 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 S&P Regional Banking ETF(KRE-N) Frequently Asked Questions

What is SPDR S&P Regional Banking ETF stock symbol?

SPDR S&P Regional Banking ETF is a American stock, trading under the symbol KRE-N on the NYSE Arca (KRE). It is usually referred to as AMEX:KRE or KRE-N

Is SPDR S&P Regional Banking ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about KRE-N. 3 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 S&P Regional Banking ETF.

Is SPDR S&P Regional Banking ETF a good investment or a top pick?

SPDR S&P Regional Banking ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for SPDR S&P Regional Banking ETF.

Why is SPDR S&P Regional Banking 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 S&P Regional Banking ETF worth watching?

3 stock analysts on Stockchase covered SPDR S&P Regional Banking ETF In the last year. It is a trending stock that is worth watching.

What is SPDR S&P Regional Banking ETF stock price?

On 2021-10-22, SPDR S&P Regional Banking ETF (KRE-N) stock closed at a price of $72.43.