Shownotes
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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