Hot Prefered Stocks To Own For 2015: Energy Select Sector SPDR Fund (XLE)
Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Energy Select Sector of the S&P 500 Index (the Index). The Index includes companies that primarily develop and produce crude oil and natural gas, and provide drilling and other energy-related services.
The Fund utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index. The Funds investment advisor is SSgA Funds Management, Inc.
Advisors' Opinion:- [By Mark Salzinger]
Our 'worst' US stock pick in 2013, is worst, only in a relative sense. After gaining just 5.2%, versus the S&P 500's (SPX) 16.0% in 2012, SPDR Select Energy (XLE) has gained 22.7% in 2013, versus 30.1% for the S&P 500.
- [By David Fabian]
After a frightening dip in January, that tested the 200-day moving average, the Energy Select Sector SPDR (NYSE: XLE) has rocketed to new all-time highs. In fact, XLE has now gained over four percent in the month of April and more than 13 percent since its February low.
- [By MONEYMORNING.COM]
One way to fight back is by betting on higher oil prices. Consider the Energy Select Sector SPDR ETF (NSYE: XLE), which holds some of the biggest players in this sector, including major oil producers, shale producers, and exploration services companies.
- [By Aaron Levitt]
Needless to say, the energy sector didnt take too kindly to the idea that Iran could be finally shipping its crude — to the tune of 2.5 million barrels of oil per day — out to the market. Both international standard Brent and North American benchmark WTI fell hard on the news. Meanwhile, the Energy Select Sector SPDR (XLE) underperformed its sector ETF peers on the positive news.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-prefered-stocks-to-own-for-2015.html
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