3 ETFs For This Week’s Earnings Reports
Monday, 3 August 2020, 14:41:58
Second-quarter earnings seasons rolls along this week and here’s to hoping there are some pleasant surprises, which, believe it or not, there have been plenty of. Of course, the second-quarter bar is set remarkably low because of the coronavirus pandemic, but upside surprises are rarely a bad thing. Currently, 84% of S&P 500 members reporting results are beating estimates, above the five-year average. “If 84% is the final percentage for the quarter, it will mark the highest percentage of S&P 500 companies reporting a positive EPS surprise since FactSet began tracking this metric in 2008,” notes John Butters of FactSet Research. With that in mind, here are some exchange-traded funds to consider for this week’s earnings onslaught. Communication Services Select Sector SPDR (XLC) The Communication Services Select Sector SPDR (NYSE: XLC ) gained 2.25% last week, dealing with reports … Full story available on Benzinga.com
If Internet Giants Avoid Controversy, XLC Is a Winner
Monday, 29 June 2020, 17:27:00
The Communication Services Select Sector SPDR Fund (XLC) is weathering some political storms hovering Facebook and Alphabet and the largest ETF dedicated to this sector could be ready to rally in the second half of 2020. XLC seeks to correspond generally to the price and yield performance of publicly traded equity securities of companies in […] The post If Internet Giants Avoid Controversy, XLC Is a Winner appeared first on ETF Trends .
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Streaming Giants Could Lift This Sector ETF
Tuesday, 28 April 2020, 17:17:53
The Communication Services Select Sector SPDR Fund (XLC) is getting some fanfare as a coronavirus play due to its exposure to companies, namely Facebook and Alphabet, that are involved in the virtual meeting space, the largest communication services ETF has other viable stay-at-home credentials. XLC seeks to correspond generally to the price and yield performance […] The post Streaming Giants Could Lift This Sector ETF appeared first on ETF Trends .
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Take Advantage of the Dip in This Growth Sector ETF
Monday, 6 April 2020, 18:20:41
Even high-quality growth stocks such as Facebook (NASDAQ: FB) and Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL) are being discounted due to the coronavirus pandemic’s effect on equity markets. The bright spot there is opportunity is arriving with ETFs including the Communication Services Select Sector SPDR Fund (NYSEArca: XLC). XLC, the oldest and largest communication services ETF, seeks to correspond […] The post Take Advantage of the Dip in This Growth Sector ETF appeared first on ETF Trends .
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A Decent Outlook For This Facebook-Heavy ETF
Wednesday, 8 January 2020, 13:28:46
The Communication Services Select Sector SPDR (NYSE: XLC ), the first and largest exchange traded fund dedicated to the communication service sector, is often known for its massive combined weight to Facebook Inc (NASDAQ: FB ) and Alphabet Inc (NASDAQ: GOOG ). Those stock combine for over 42% of the fund’s weight and as such, chart the course for XLC, but some analysts believe some other components in the benchmark communication services fund could help drive the fund higher this year. Those names include Walt Disney Co (NYSE: DIS ), Netflix, Inc. (NASDAQ: NFLX ) and other companies with streaming exposure. See Also: Time Is Right To Stick With Aerospace And Defense ETFs Why It’s Important Dow component Disney is already flexing … Full story available on Benzinga.com