XLC: Portfolio Is A Bit Too Concentrated, But We're Bullish Anyway

BOOX Research
20.33K Followers

Summary

  • XLC invests across Communication Services sector companies within the S&P 500.
  • Alphabet Inc. and Meta Platforms are the two largest holdings in the fund, although the broader portfolio has a good range of companies.
  • We are bullish on the fund and see the current level as offering a compelling reward-to-risk entry point.

Business woman using mobile smartphone on global network connection and data customer connection on blue background, Digital marketing, Data exchanges, Innovative and technology.

ipopba

The Communication Services Select Sector SPDR Fund (NYSEARCA:XLC) provides targeted exposure to the leading companies of the sector within the S&P 500 Index (SPY). In many ways, "communications" is a broad term that includes media and entertainment companies, internet

Add some conviction to your trading! Take a look at our exclusive stock picks. Join a winning team that gets it right. Click here for a two-week free trial.

This article was written by

20.33K Followers
BOOX Research run by Dan Victor, CFA specializes in covering small-caps and under-the-radar ideas. Dan brings more than 15 years of experience in financial services across multiple roles in research, investment management, and trading. Dan is also the winner of Seeking Alpha's 2023 stock market prediction contest-- beating out a field of 40 analysts by correctly forecasting the S&P 500's 24% gain that year. https://seekingalpha.com/article/4660791-2023-market-prediction-contest-winners

Analyst’s Disclosure:I/we have a beneficial long position in the shares of META, DIS, NFLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About XLC ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on XLC

Related Stocks

SymbolLast Price% Chg
XLC
--