XLP - Consumer Staples Select Sector SPDR Fund
| Previous Close | 60.62 |
| Open | 60.51 |
| Bid | 60.75 x 2900 |
| Ask | 60.76 x 21500 |
| Day's Range | 60.51 - 60.97 |
| 52 Week Range | 48.33 - 61.92 |
| Volume | 8,627,450 |
| Avg. Volume | 14,498,049 |
| Net Assets | 14.06B |
| NAV | 60.73 |
| PE Ratio (TTM) | N/A |
| Yield | 2.55% |
| YTD Daily Total Return | 21.12% |
| Beta (3Y Monthly) | 0.63 |
| Expense Ratio (net) | 0.13% |
| Inception Date | 1998-12-16 |
- GuruFocus.com
Is Kellogg Now a Worthy Value Play?
Stock is selling significantly below its peers in the staples sector, making it worthy of consideration Continue reading...
- Zacks
Tap Revenue Growth With These ETFs & Dump Earnings Recession
These sector ETFs could be played to highlight revenue growth in the third quarter.
- Investor's Business Daily
How To Generate Income By Using Dividend ETFs: Is Patience More Important Than Timing?
Investors seeking income by scouting the best dividend ETFs have seen a double blessing in 2019 in both stocks and bonds. Still, patience is essential.
- MarketWatch
Here’s how to play the trade war with ETFs
Investors looking to hedge against, or make money from, the ongoing U.S.-China trade war can pick from a range of exchange-traded funds. Here are some suggestions from two ETF industry veterans.
- Zacks
Low-Beta ETFs to Tap Amid Stock Market Selloff
Low-beta ETFs are a great tool to tackle bouts of market turmoil. Investors should thus follow these ETFs amid broad-based global market selloff.
- Benzinga
An Unsung Consumer Staples ETF
Embracing defensive sectors has been rewarding this year, but groups such as consumer staples and utilities can often be boring. Some exchange traded funds can help investors bring some spice to those ...
- Zacks
Should You Invest in the Invesco DWA Consumer Staples Momentum ETF (PSL)?
Sector ETF report for PSL
- Zacks
Top-Performing Consumer Staples ETFs This Year
We take a look at consumer staples ETFs gaining more than 20% year to date.
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Guide to 25 Most-Liquid ETFs
We highlight some ETFs that are being traded in ample volumes lately.
- Zacks
Should You Invest in the Fidelity MSCI Consumer Staples Index ETF (FSTA)?
Sector ETF report for FSTA
- Zacks
ETF Strategies to Follow as Volatility Seems Underpriced
Volatility for the market looks under-priced for the month of September. If you are really worried, you can try these ETF strategies.
- Zacks
August ETF Asset Report: Gold Tops
In trade-induced August, gold ETF, low-volatility ETF and safe sectors like consumer staples generated considerable assets.
- MarketWatch
Retailer, consumer discretionary stocks suffer as weak consumption fuels PMI drop into contraction territory
Shares of retailers and companies selling consumer discretionary goods suffered broad declines Tuesday, as a surprise contraction in manufacturing activity in August was hurt by a sharp drop-off in consumption. The SPDR S&P Retail ETF slid 1.6%, to underperform the S&P 500's 0.8% decline, as 73 of 87 components lost ground.The SDPR Consumer Discretionary Select Sector ETF , which tracks sellers of what people want, fell 0.3% with 49 of 62 components declining, while SPDR Consumer Staples Select Sector ETF , which tracks sellers of what people need, rose 0.2% with 22 of 33 components gaining ground. Among the more-active consumer discretionary stocks, Ford Motor Co. slid 0.6%, Macy's Inc. lost 2.2%, Victoria's Secret-parent L Brands Inc. gave up 2.2% and Gap Inc. shed 3.4%, while Amazon.com Inc. advanced 1.1% and Starbucks Corp. tacked on 0.5%. The Institute of Supply Management said earlier its purchasing managers index (PMI) fell to 49.1, the lowest reading seen since January 2016, with consumption, as measured by production and employment, contributed the "strongest negative numbers" to the PMI, driven by lack of demand.
- Yahoo Finance
Campbell Soup earnings — What to know in markets Friday
Campbell Soup takes center stage when it reports quarterly results ahead of the opening bell Friday.
- Kiplinger
The 11 Best ETFs to Buy for Portfolio Protection
The stock market took a gut punch recently as a number of on-again, off-again headwinds started to blow at the same time. Investors quickly turned tail, seeking out more protective positions. Unsurprisingly, this trend led to an influx of inflows into some of the best defensive exchange-traded funds (ETFs).The Federal Reserve knocked Wall Street off-balance with a recent quarter-point drop in its benchmark Fed funds rate. Yes, it was the first such cut since the Great Recession. But some investors were hoping for a deeper reduction, and Fed Chairman Jerome Powell's subsequent press conference kept experts guessing about whether future rate cuts were any more or less likely.The U.S.-China trade war escalated next. At the start of August, President Donald Trump threatened to slap a 10% tariff on another $300 billion in Chinese imports effective Sept. 1, prompting Beijing to threaten retaliation. So far, China has announced it will suspend imports of U.S. agricultural products and let its currency, the yuan, tumble to an 11-year-low. The latter move is expected to agitate Trump, who has accused Beijing of currency manipulation in the past.Standard & Poor's 500-stock index dropped quickly, losing almost 4% between the July 30 close (the day before the Fed announcement) and the Aug. 5 market open. Some investors are going to cash - but others are seeking out areas of the market that might rise as the market falls, or places to collect dividends while waiting out the volatility.Here, we examine 11 of the best ETFs to buy if you're looking for portfolio protection. This relatively small cluster of funds covers a lot of ground, including high-dividend sectors, low-volatility ETFs, gold, bonds and even a simple, direct market hedge. SEE ALSO: The Kip ETF 20: The 20 Best Cheap ETFs You Can Buy
- Market Realist
Why UBS Is Advising Investors to Stay the Course
UBS Global's Mark Haefele recently wrote in a note, "We believe that investors can keep their investment strategies on track for the long term."
- Zacks
4 Sector ETFs in Focus as US Economy Appears in Late Cycle
The U.S. economy appears in late business cycle and these sector ETFs should thus be in focus.
- InvestorPlace
Sealed Air Stock Is Cheap, But Unattractive
When the market is turbulent, investors often embark on a flight to safety. That means investors will pile into risk-off assets, such as Treasuries, gold and consumer staples. Indeed, this is exactly what has happened over the last month. While the S&P 500 is off more than 2% in the last month, the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is up 9%, and the SPDR Gold Shares (NYSEARCA:GLD) is up 5%. And since Aug. 5, the Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) has gained 5%.Source: Shutterstock Given that backdrop, one would assume a food and product packaging company like Sealed Air (NYSE:SEE) would also have benefited from this August flight to safety. It did, for awhile. At one point in early August, SEE stock price was up nearly 10% in August. But the stock has since given up most of those gains, and now SEE stock price is more than 5% off its August highs, while TLT, GLD, and XLP are all at or right next to their August highs.In other words, while SEE stock was initially thought of as a great risk-off investment in this stumbling economy and turbulent market, investors have since second-guessed the relative safety of Sealed Air stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI totally get it. Ostensibly, SEE stock seems very stable, with a fairly attractive valuation and a steady yield. But at this point, it has optical issues which may keep SEE stock price relatively muted for the foreseeable future. * 7 Great Small-Cap Stocks to Buy As a result, I think Sealed Air stock is best left alone for now. Its fundamentals are strong enough that it's not a great short. Its optics are troubling enough that it's not a great long. In such a situation, the sidelines are the best place to hangout. Sealed Air's Fundamentals Are Pretty GoodThe fundamentals supporting SEE stock price are pretty good, and they're mostly favorable to the bull thesis.SEE is a global food and packaging company. Its business is pretty stable. No matter what the global economy is doing, the world is still going to have to transport staple food and goods. It's true that, as global economic activity slows, so will the trading of these goods. But the slowdown will be gradual, and it won't be that steep.Consequently, Sealed Air's performance over the past several years - a low-to-mid-single=digit-percentage revenue grower, excluding acquisitions, with slight margin expansion and low-to-high-single-digit-percentage EBITDA growth - will probably be largely duplicated over the next several years. Its growth will likely slow a bit as the global economy weakens. But Sealed Air should be able to grow its revenues at a low-single-digit rate over the next several years, on largely stable margins, which - when coupled with its buybacks of SEE stock - should produce high- single-digit-earnings per share growth.Sealed Air's EPS can reach somewhere around $4.80 by fiscal 2025. Based on a forward price-earnings multiple of 17, which is average for the packaged-goods sector, that implies a fiscal 2024 price target for SEE stock of over $80. Discounted back by 10% per year, that equates to a 2019 price target of about $50.SEE stock price is slightly above $40 today. Thus, the long term growth fundamentals currently say that Sealed Air stock is undervalued. The Optics Give PauseAlthough SEE stock is undervalued, the optics surrounding Sealed Air warrant this undervaluation for the time being. Specifically, there is an active SEC investigation overhanging Sealed Air which has created a lot of distractions. These distractions detract from Sealed Air's value as a risk-off investment during turbulent times.This SEC investigation has shifted into another gear in 2019. In May, Sealed Air was served a subpoena relating to a previously disclosed SEC investigation into the company's accounting practices. That additional subpoena has had an avalanche impact on the company.A month later, Sealed Air fired its CFO. Three months later, the company received a grand jury subpoena from a U.S. Attorney for documents related to the firing. A week after that, Sealed Air switched audit firms. And, a week after that, Upslope Capital Management, which was shorting Sealed Air stock, issued a report, citing the SEC investigation and accounting irregularities as two big reasons why it believed that SEE stock would head lower.Against the backdrop of all those distractions, Sealed Air's organic revenue growth has slowed to a multi-year low in 2019.In other words, SEE stock price is being weighed down by slowing growth trends against the backdrop of a ton of SEC/accounting noise that doesn't give investors confidence. Slowing growth plus a lack of confidence is not a winning combination.So despite SEE's favorable fundamentals, SEE stock price likely won't march meaningfully higher anytime soon. The Bottom Line on SEE StockIt's easy to look at SEE stock and see a stable consumer staples stock that should theoretically outperform during turbulent times. But that cursory analysis ignores the ugly optical risks overhanging the company. Those unfavorable optics will ultimately put a cap on near-term gains by SEE stock, making it unattractive for now.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Sealed Air Stock Is Cheap, But Unattractive appeared first on InvestorPlace.
- Zacks
5 ETFs to Gain From Walmart Strength Post Q2 Results
Walmart spread optimism in the retail space by reporting robust second-quarter fiscal 2020 results and lifting its full-year forecast.
- Yahoo Finance
Kraft Heinz earnings plunge, CEO says results not acceptable
Kraft Heinz reported sales that missed expectations but better-than-expected earnings.
- Investopedia
Stocks Dodge Bear Bullet, Defensive Sectors Surge
The markets managed to hang on to meager rebounds from the day before, but investors' nervousness is clearly visible.
- Zacks
ETF Predictions for a Historically Low August
August saw an awful start with global markets in the red mainly due to renewed trade tensions. Such market and ETF activities could rule the market in August.
- Zacks
Top ETF Stories of July
Fed rate cut optimism boost stocks in the month of July. We highlight the other investing stories that regulated the ETF world in the month.
- Zacks
Americans' Confidence at About 18-Year High: Bet on These ETFs
ETFs to gain from upbeat U.S. consumers' economic outlook on a decent job market, contained inflation, rising wages and prospects of low interest rates.
- Yahoo Finance Video
Stocks react to impeachment inquiry, major indexes move cautiously higher
Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Jared Blikre discuss what's moving markets on Wednesday, Sept. 25 with Shawn Cruz, manager of trader strategy at TD Ameritrade, and David Waddell, chief investment officer at Waddell & Associates.
