THE CONSUMER STAPLES SELECT SECTOR SPDR ETF News

PBJ: The Best Consumer Staples ETF To Buy Right Now

Investors can consider putting their money on non-cyclical consumer staples ETFs amid fears of an economic recession.

Using the Consumer Staples Select Sector SPDR Fund (NYSEAMERICAN: XLP) as a benchmark, 2022 has not been particularly kind to consumer staples stocks.

The S&P 500's dividend yield was 1.63% in Q4 of 2021 and the stock buyback yield was 2.45%, resulting in a combined yield of 4.08%.

Goldman Sachs says that stagflation has reached the economy. Here's is how to save your ETF portfolio from stagflation.

Sector ETF report for XLP

Equal weighting provides increased diversification compared to their market cap-weighted counterparts and have historically fared well – as demonstrated last month when the S&P 500 Equal Weight Inde

The macroeconomic backdrop is positive. The XLP is performing well relative to the S&P 500. The charts are positive.

VDC's Valuation Fully Reflects The Quality Of The Components

Two Banks Are Telling Their Clients To Ignore The Turmoil And Just BTFD: Here''s Why At a time when risk sentiment has foundered, BTFD has mutated into STFR, and even retail investors are hedging for a crash by buying puts in record amounts… ... two banks are throwing caution to the wind and staking their reputation that this time the rout is finally ending and the bottom is in. The first one is Citi (the same Citi which yesterday closed its short oil reco from Feb 3 after suffering a painful 11% loss in just one month, which for levered traders could mean a year''s worth of performance wiped out), and which today said that it is raising "US equities and the global IT sector" - i.e., growth names - back to Overweight. As the bank''s chief strategist, Robert Buckland notes, "both are Growth trades that should benefit, in relative terms at least, from the recent sharp drop in real yields" to wit: Equity markets have been less quick to price in the drop in real yields. We have frequently highlighted that these have been a big driver of the global Value/Growth trade in recent years (Figure 6).

Shares of Hormel Foods Corp. rose 0.8% in premarket trading Tuesday, after the foods company, which brands include Planters, SPAM, Skippy and Hormel, reported fiscal first-quarter profit that matched expectations but revenue that rose above forecasts, with strongest growth in grocery products. Net income for the quarter to Jan. 30 rose to $239.6 million, or 44 cents a share, from $222.3 million, or 41 cents a share, in the year-ago period. The FactSet consensus for earnings per share was 44 cents. Sales grew 23.7% to $3.04 billion, to beat the FactSet consensus of $2.92 billion, as refrigerated foods sales rose 19%, grocery products sales jumped 48% and Jennie-O Turkey Store sales increased 15%. The increase in cost of products sold outpaced sales growth at 24.6%, to lower gross margin to 17.7% from 18.3%. The company affirmed its fiscal 2022 guidance ranges for EPS of $1.87 to $2.03 and for sales of $11.7 billion to $12.5 billion, which compares with the FactSet EPS consensus of $1.94 and sales consensus of $12.25 billion.

Play these sector ETFs should geopolitical tensions be in the limelight in the coming days.

Let's look at some safe ETF strategies that investors can play, keeping in mind certain burning issues that can flare up market uncertainty amid the global health crisis.

XLP: Consumer Staples Dashboard For February

Wall Street has been on choppy ride since the start of 2022 on rising rate worries. Still, investors poured money into stocks, both U.S. and developed market.