4 Sector ETFs to Watch in Q4 - ETF News And Commentary
November 04 2013 - 8:00AM
Zacks
The latest sector ranks are out, and some interesting trends are
starting to develop. Several segments have moved from ‘sell’ ranks
up to ‘buys’, while others which were once looking strong have
fallen by the wayside.
In particular, segments focused on the technology market, thanks to
their high growth rates, are looking quite good as we enter the
final stretch of Q4. This has helped ETFs like the
Social Media Index Fund (SOCL), and the
First Trust NASDAQ Clean Edge Green Energy Index Fund
(QCLN) to look quite promising in the final part of 2013
(see 3 ETFs with the Most Facebook Exposure).
Meanwhile, securities in both the energy and real estate world
could be in for a rough final three months as sluggish oil prices
brings down energy names, and concerns over the trend in real
estate hurts REITs. This may be especially true for two iShares
products;
the US Energy ETF (IYE) and
the
Mortgage Real Estate Capped ETF (REM), both of which could
be hurt by the current bearish sentiments circulating in these
sectors (read AGNC Earnings Report Crushes Mortgage REIT ETFs).
In the short video below, we highlight these four funds in greater
detail, and why investors should watch these ETFs. All of the group
have seen their ranks move from at least a hold to buy (or down
from a hold to a sell) and thus have made a big move since the last
ranking update.
As a result, these names could be ones to watch for investors
seeking ETFs to buy—or avoid—as we end 2013.
Want the latest recommendations from Zacks Investment Research?
Today, you can download
7 Best Stocks for the Next 30
Days.
Click to get this free report
>>
ISHARS-US EGY (IYE): ETF Research Reports
NASDAQ-CL EDG G (QCLN): ETF Research Reports
ISHARS-MTG RE (REM): ETF Research Reports
GLBL-X SOCL MDA (SOCL): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research
Want the latest recommendations from Zacks Investment Research?
Today, you can download 7 Best Stocks for the Next 30 Days. Click
to get this free report
Global X Funds Global X ... (NASDAQ:SOCL)
Historical Stock Chart
From Jul 2024 to Aug 2024
Global X Funds Global X ... (NASDAQ:SOCL)
Historical Stock Chart
From Aug 2023 to Aug 2024