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Comms Sector Is Booming — Buy, Sell, Hold These Stocks
Episode 4318th September 2020 • The Stock Power Podcast • Money & Markets
00:00:00 00:26:47

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The communication services sector of the S&P 500 is doing one thing it hasn’t done since late October 2016.

Beat its parent index.

In fact, since 2017, the S&P 500 has had returns of 10.8% compared to the sector’s return of just 8.9%.

But if you look at the indexes year-to-date, you will see that the communication services sector is now beating the returns of the S&P 500.

The sector returns are 10.8% compared to the S&P 500’s returns of just 5.2%.

The S&P 500 Communication Services Sector SPDR ETF (NYSEARCA: XLC) — an exchange-traded fund tracking some of the biggest communication stocks — jumped more than 52% since reaching a low in March 2020.

In this episode of The Bull & The Bear, Research Analyst Matt Clark talks with Money & Markets Chief Investment Strategist Adam O’Dell and contributor Charles Sizemore about three communications sector stocks.

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