|Bid||0.00 x 42300|
|Ask||0.00 x 1000|
|Day's Range||53.84 - 54.45|
|52 Week Range||48.33 - 57.00|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.58|
|Expense Ratio (net)||0.13%|
The Consumer Staples Select Sector SPDR ETF (NYSEArca: XLP), the largest exchange traded fund tracking the consumer staples sector, traded lower Thursday after Dow component Coca-Cola Co. (NYSE: KO) gave ...
Why Pyxus International Stock Rose Over 33% after Its Q3 ResultsThird-quarter performance Pyxus International (PYX) posted its fiscal 2019 third-quarter earnings results after the market closed on February 11. In the quarter, which ended on December
What’s Ahead for Walmart Stock?Q4 results unlikely to impress investorsWalmart (WMT) is expected to announce its fourth-quarter results on Tuesday, February 19. Analysts expect Walmart to sustain its sales momentum. However, the projected sales
Key Takeaways from Philip Morris’s Fourth-Quarter EarningsFourth-quarter earningsPhilip Morris International (PM) posted its fourth-quarter earnings on February 7. For the quarter ended on December 31, the company posted adjusted EPS of $1.25 on
Shares of Kellogg Co. shed 2.8% in premarket trade Thursday, after the cereal and snacks company beat fourth-quarter profit expectations and met on sales, while U.S. sales declined. Kellogg swung to a net loss of $84 million, or 24 cents a share, from a profit of $417 million, or $1.20 a share. Excluding non-recurring items, such as restructuring charges related to asset divestitures and in preparation for Brexit, adjusted earnings per share came to 91 cents, above the FactSet consensus of 88 cents. Sales rose 4.2% to $3.32 billion, matching the FactSet consensus of $3.32 billion. U.S. snacks sales fell nearly 5%, due primarily to list-price adjustments and rationalization of stock-keeping units (SKUs), while U.S. mornings foods sales fell more than 2%, amid softness in cereal consumption. Meanwhile, Europe sales increased 5%, Latin America sales edged up less than 0.5% and Asia-Pacific sales jumped 60%. Kellogg's stock has lost 7.9% over the past 12 months, while the SPDR Consumer Staples Select Sector ETF has declined 2.2% and the S&P 500 has gained 1.9%.
What's Ahead for CHD Stock after Q4 Results?Q4 snapshot Church & Dwight (CHD) reported healthy fourth-quarter results on February 5. The company sustained its sales and earnings momentum thanks to the higher-than-expected organic sales and lower
Clorox Stock Rose on Better-than-Expected Q2 EarningsEarnings surpass estimateClorox (CLX) reported better-than-expected second-quarter (period ended December 31) earnings on February 4. Clorox posted earnings of $1.40 per share, which handily
Will Philip Morris’s Q4 Earnings Boost Its Stock Price?Stock performancePhilip Morris International (PM) is scheduled to post its fourth-quarter earnings results before the market opens on February 7. As of February 1, the stock was trading at
Shares of Clorox Co. hiked up 3.4% in premarket trade Monday, after the consumer products company reported a fiscal second-quarter profit that beat expectations, while sales matched views. Net income fell to $182 million, or $1.40 a share, from $233 million, or $1.77 a share, in the same period a year ago, which included a one-time benefit from tax reform. The FactSet consensus for earnings per share was $1.30. Sales rose 4% to $1.47 billion, in line with the FactSet consensus, as better-than-expected cleaning and lifestyle segment sales offset a miss in household sales. The company affirmed its fiscal 2019 guidance ranges for sales growth of 2% to 4% and for EPS of $6.20 to $6.40. The stock has lost 2.8% over the past three months through Friday, while the SPDR Consumer Staples Select Sector ETF has given up 3.4% and the S&P 500 has slipped 0.6%.
Altria Stock Rose ~3% after Q4 Earnings Met ExpectationsFourth-quarter performanceAltria Group (MO) posted its fourth-quarter earnings before the market opened on January 31. For the quarter ended on December 31, the company posted adjusted EPS of
As the markets go into full swing in the new year, traditional consumer sector-related ETFs are beginning to fall behind the broader market, reflecting investors' shifting risk tolerance. The Consumer Staples Select Sector SPDR ETF (XLP) , the largest exchange traded fund tracking the consumer staples sector, gained 2.5% year-to-date and experienced $207.8 million in net outflows so far this year, according to XTF data. In comparison, the SPDR S&P 500 ETF (SPY) has returned 5.4% so far.
The best way to maximize returns, especially in a year like 2019, is to pick the best sector funds with the potential to beat the broader market indices. While it's not wise to allocate most or all of your investment assets to just one area of the market, adding two or three sectors to a portfolio can have the dual benefit of maximizing return potential while reducing market risk through diversification. Choosing the single best sector that will lead the market in any given year is difficult, to say the least. But choosing three, and having at least two of them outperform, is possible and even prudent, if you choose them consciously and strategically. InvestorPlace - Stock Market News, Stock Advice & Trading Tips For example, I selected the technology, health and energy sectors in 2018. The former two did well and the latter one did not. The result was that the three-way combination boosted the total performance of my model portfolio because my chosen sectors collectively outperformed the S&P 500 index. * 7 Stocks That Could Double in 2019 With that backdrop in mind, here are seven sector funds for you to consider in 2019: ### Best Sector Funds for 2019: Consumer Staples Select Sector SPDR (XLP) Expenses: 0.13% or $13 for every $10,000 invested In a slowing economy, consumers still buy the staples needed for everyday life, which makes sector funds like Consumer Staples Select Sector SPDR (NYSEARCA:XLP) a wise holding for 2019. When stock prices appear to be entering a period of volatility and downside potential, investors like the defensive qualities of consumer staples stocks, such as XLP top holdings, Procter & Gamble Company (NYSE:PG), Coca-Cola Company (NYSE:KO) and PepsiCo Inc (NYSE:PEP). Although consumer staples will typically underperform growth stocks in a healthy economy, they can outperform in a slowing economy, which may be the case in 2019. Source: Shutterstock ### Healthcare Select Sector SPDR (XLV) Expenses: 0.13% A leading sector in 2018, healthcare stocks may have a repeat performance in 2019. To cover healthcare stocks, the Healthcare Select Sector SPDR (NYSEARCA:XLV) is a top choice. The healthcare sector has the distinction of being a smart defensive move, a short-term momentum play and a long-term growth investment, all in one sector. These combined qualities make XLV a go-to sector choice for long-term investors wanting to increase return potential while adding a defensive quality to their portfolio. * 5 of the Best Stocks to Buy and Hold for the Long Term Top holdings in the XLV ETF include Johnson & Johnson (NYSE:JNJ), UnitedHealth Group (NYSE:UNH) and Pfizer Inc (NYSE:PFE). ### Financial Select Sector SPDR (XLF) Expenses: 0.13% A moderately healthy economy combined with slowly rising interest rates can be ripe for financial stocks and sector funds like Financial Select Sector SPDR (NYSEARCA:XLF). Although rising interest rates tend to erode the profitability of many industries, banks can do well in this environment because the spread between their borrowing costs and the rates they charge their customers for loans widens. A volatile stock market will also increase trading activity, which can benefit brokerage firms. Given this economic and market environment in 2019, look for financial stocks to do well, including XLF holdings such as Berkshire Hathaway Inc (NYSE:BRK.B), JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BOA). Source: Shutterstock ### SPDR Gold Shares (GLD) Expenses: 0.4% Gold and other precious metals can be a valuable hedge against the real potential for a softer economic outlook than forecast at the beginning of 2019. A highly liquid, low-cost gold fund like SPDR Gold Shares (NYSEARCA:GLD) may shine bright in this environment. The price of gold tends to move higher amidst market volatility, downside pressure on stocks, falling interest rates (or a rate pause when investors expect a rise), a weakening U.S. dollar and geopolitical uncertainty. Although there is no recession in sight, any or all of these conditions are highly possible in 2019, especially in the second half of the year. * 10 Hot Stocks to Buy Right Now GLD does not invest directly in gold, nor does it hold stocks of gold mining companies; it tracks the price of gold via its benchmark, the LBMA Gold Price PM. Source: Shutterstock ### Utilities Select Sector SPDR (XLU) Expenses: 0.13% Continuing on the theme of defensive sector funds, Utilities Select Sector SPDR (NYSEARCA:XLU) is primed to be a top performing ETF in 2019. The utilities sector is considered to be defensive because consumers still need utilities, such as gas, electric, water and phone, no matter what the economy is doing. And since there is no viable, lower-cost alternative to these services, stocks of utilities companies can maintain greater price stability in a weakening, uncertain economic environment. Also, companies and sector funds that pay dividends will compete with bonds as investments, which in 2019 will likely favor XLU and top holdings NextEra Energy (NYSE:NEE), Duke Energy Corporation (NYSE:DUK) and Dominion Energy (NYSE:D). Source: Shutterstock ### iShares Telecommunications (IYZ) Expenses: 0.43% Telecommunications is another defensive sector that can be a smart investment choice for 2019, which makes iShares Telecommunications (BZX:IYZ) among my picks for best sector funds for the year. The qualities of defensive sector funds that investors like include stable earnings and cash flow. To get these qualities, look no further than big U.S. telecommunications and IT stocks like IYZ top holdings, Verizon (NYSE:VZ), AT&T (NYSE:T), and Cisco Systems (NASDAQ:CSCO). * 7 Stupidly Cheap Stocks to Buy Now Like other defensive sectors, such as healthcare and utilities, telecommunications companies tend maintain greater price stability in volatile markets, as 2019 will almost certainly see. Source: Shutterstock ### Global X Robotics & Artificial Intelligence (BOTZ) Expenses: 0.68% Although the technology sector saw big swings in price in 2018, there's still growth potential there, especially in choice sub-sectors, such as artificial intelligence (AI). This makes Global X Robotics & Artificial Intelligence (NYSEARCA:BOTZ) a potential winner for 2019. BOTZ, the largest AI ETF on the market, invests in stocks of companies that may benefit from the increased adaptation of robotics and artificial intelligence technologies. AI expansion looks to continue in 2019 and beyond, which will benefit stocks, such as BOTZ top holdings Intuitive Surgical Inc (NASDAQ:ISRG), Mitsubishi Electric Corp (OTCMKTS:MIELF) and ABB-LTD Reg (NYSE:ABB). As of this writing, Kent Thune did not personally hold a position in any of the aforementioned securities, although he holds XLP, XLV, GLD, and XLU in some client accounts. His No. 1 holding is his privately held investment advisory firm in Hilton Head Island, S.C. Under no circumstances does this information represent a recommendation to buy or sell securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Recession-Proof Stocks to Buy ... According to Goldman Sachs * 10 Triple-A Stocks to Buy in February * 7 Smart Money Opinions on Where Stocks Are Going Next Compare Brokers The post 7 of the Best Sector Funds for 2019 appeared first on InvestorPlace.
What to Expect from Altria’s Fourth-Quarter EarningsStock performanceAltria Group (MO) is scheduled to post its fourth-quarter earnings before the market opens on January 31. As of January 25, Altria was trading at $44.24, which represents a fall
Shares of Colgate-Palmolive Co. dropped 2.9% in premarket trade Friday, after the consumer products and pet nutrition company reported fourth-quarter earnings that missed expectations but revenue that topped forecasts. Net income rose to $606 million, or 70 cents a share, from $323 million, or 37 cents a share, in the same period a year ago. The FactSet consensus for earnings per share was 73 cents. Sales fell to $3.81 billion from $3.89 billion, but was above the FactSet consensus of $3.78 billion. North America oral, personal and home care sales growth of 5.1% to $839 million was just below the FactSet consensus of $840 million, but pet nutrition sales growth of 6.2% to $680 million beat expectations of $599 million. Gross profit margin fell to 59.1% from 59.8%. For 2019, the company expects sales to be flat to up in the low-single-digits percentage range, while the current FactSet sales consensus of $15.52 billion implies a 0.2% decline from 2018 sales of $15.54 billion.
Consumer staples stocks are seeing some benefit from investors' defensive leanings. XLP, the largest consumer staples exchange traded fund by assets, slumped 8.1 percent last year as some higher-yielding sectors struggled amid rising interest rates. Consumer staples' recent resurgence is notable because the sector has been out of favor with many investors for nearly three years.
Altria Stock Fell More than 6% after Morgan Stanley’s DowngradeMorgan Stanley’s downgrade On January 22, Morgan Stanley downgraded Altria (MO) from “equal weight” to “underweight.” Morgan Stanley lowered the target price from $54 to $45.
The Consumer Staples Select Sector SPDR ETF (NYSEArca: XLP), the largest exchange traded fund tracking the consumer staples sector, and rival cap-weighted staples ETFs are rallying to start 2019 as some ...
The top holding of the Consumer Staples ETF with a 14.16% weighting, P&G stock has an elevated P/E ratio of 21.52 and a dividend yield of 3.15%.
With the government shutdown now in its fourth week (the longest ever) and 800,000 federal workers on furlough, the risk of recession has increased significantly.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close. Despite worries about trade wars and an economic slowdown across the board, the U.S. job market is making great strides. In the last month of 2018, the U.S. economy added 312,000 jobs, nearly double the figure expected by analysts. The showing for November itself was revised up by 21,000 to 176,000. At the same time, hourly earnings increased by 0.4% in December on average compared with 0.3% expected by pundits. Such a rise in hourly earnings has not been seen since September. Meanwhile, the unemployment rate jumped from 3.7% to 3.9%, a sign the labor market is expanding and more people are joining the labor force. Amid market turbulence, Federal Reserve Chair Jerome Powell attempted to ease market concerns, saying he was aware of the risks stemmed from raising interest rates too quickly and was listening carefully to what the markets had to say. Stocks posted a strong rally this week. On Thursday, Powell spoke again, saying the Fed can be patient on monetary policy given the stable inflation. The Federal Reserve minutes revealed that policymakers have become more dovish, finally acknowledging the risks related to a slowdown in China, trade wars and political turbulence. U.S. non-manufacturing purchasing managers’ index (PMI) dropped dramatically in December, from 60.7 to 57.6, signaling a deteriorating sentiment. U.S. crude oil inventories declined by 1.7 million barrels in the week ended January 4, following two straight weeks of flat gains. Stockpiles have not seen a weekly rise since the end of November when they ended a ten-week streak of gains. U.K. economic output expanded 0.2% in November, beating expectations of 0.1%. The upbeat figure comes as the country still struggles to reach a Brexit solution, with the government and the Parliament at odds. An increasingly likely scenario is to push back the March 29 exit date to avoid chaos.
Altria Stock Falls on Cowen's Downgrade ## Cowen’s downgrade Today, Cowen and Company downgraded Altria Group (MO) from “outperform” to “market perform” due to the accelerating decline in Altia’s cigarette sales. Also, Cowen lowered its 12-month price target from $74 to $53. The new price target represents an upside potential of 5.4% from its January 4 closing price of $50.30. As CNBC reported, Cowen expects Altria’s cigarette volumes to decline at an annual rate of 7.3% over the next five years, compared to a decline of 3.1% over its previous five years. Weighing in on Altria’s recent investment in e-cigarette manufacturer Juul, Vivien Azer of Cowen said, “Although the Juul investment was likely the right move, Altria is incentivized to accelerate cigarette industry volume declines.” ## Other analysts’ recommendations Of the 17 analysts that cover Altria, 52.9% have given the stock a “buy” rating while 35.3% favor a “hold” and 11.8% favor a “sell” rating. On average, analysts have set a 12-month price target of $59.29, which represents an upside potential of 17.9% from its January 4 closing price. On December 21, Citigroup downgraded Altria from “neutral” to “sell” and also lowered its price target from $67 to $45. On the same day, Stifel also cut its price target from $70 to $59. ## Peer comparisons Among the 19 analysts who follow Philip Morris International (PM), 52.6% recommended a “buy,” 36.8% recommended a “hold,” and 10.5% recommended a “sell.” On average, analysts have a 12-month target price of $91.00, which represents an upside potential of 30.8% from its stock price of $69.55. ## Stock performance Cowen’s downgrade appears to have led the company’s stock price to fall. As of 12:20 AM ET today, Altria was trading 2.2% lower. Last year was a tough year for Altria. Since the beginning of 2018, the company’s stock price has declined 29.6%. Meanwhile, peer Philip Morris has returned -34.2%. The broader comparative index, the Consumer Staples Select Sector SPDR ETF (XLP), which has invested 8.2% of its portfolio in cigarettes and tobacco companies, has declined 9.6%.