Don’t Know What Stocks to Buy in the Oil Market? Try the XLE ETF

Key Points

  • XLE ETF represents the energy sector of the S&P 500 index.
  • XLE has 23 holdings in the oil and energy sector.
  • XLE is trading down 4.9% on the year with a 4.01% annual dividend yield.
  • XOM and CVX make up 43% of the total weighting.
  • XLE has a 4% annual dividend yield paid quarterly.
  • 5 stocks we like better than Energy Select Sector SPDR Fund

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Should you invest $1,000 in Energy Select Sector SPDR Fund right now?

Before you consider Energy Select Sector SPDR Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Energy Select Sector SPDR Fund wasn't on the list.

While Energy Select Sector SPDR Fund currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Energy Select Sector SPDR Fund (XLE)N/A$96.16+0.0%3.35%8.98N/AN/A
Chevron (CVX)
4.8981 of 5 stars
$163.69+0.5%3.98%14.41Moderate Buy$184.75
ConocoPhillips (COP)
4.8411 of 5 stars
$129.27-0.4%1.79%14.27Moderate Buy$143.24
EOG Resources (EOG)
3.8678 of 5 stars
$135.60+0.6%2.68%10.42Hold$142.19
Exxon Mobil (XOM)
4.2589 of 5 stars
$121.05+0.0%3.14%13.62Moderate Buy$132.28
Schlumberger (SLB)
4.9975 of 5 stars
$49.11-0.9%2.24%16.32Buy$69.67
State Street (STT)
4.9338 of 5 stars
$74.29-0.1%3.72%13.91Hold$84.04
Compare These Stocks  Add These Stocks to My Watchlist 

Jea Yu

About Jea Yu

  • JeaYu21@gmail.com

Contributing Author

Trading Strategies

Experience

Jea Yu has been a contributing writer for MarketBeat since 2018.

Areas of Expertise

Equities, options, ETFs and futures; fundamental, qualitative, quantitative and technical analysis and pattern identification; active and swing trading; trading systems and methodology development

Education

Bachelor of Arts, University of Maryland, College Park

Past Experience

U.S. equity markets trader, writer and analyst for over 25 years. Published four books by publishers McGraw-Hill, John Wiley & Sons, Marketplace Books and Bloomberg Press. Speaker at various expos and seminars and has been quoted and featured in USA Today, The Wall Street Journal, Traders Magazine, The Financial Times and various trade publications, including Stocks & Commodities, Active Trader and Online Investor.


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