HDV, MRK, MO, MCD: Large Inflows Detected at ETF Friday, April 26, 11:08 AM ET, by Market News Video Staff Symbols mentioned in this story: HDV, MRK, MO, MCD Exchange traded funds (ETFs) trade just ...
iShares S&P 100 Index Fund Experiences Big Outflow Friday, April 26, 11:11 AM ET, by Market News Video Staff Symbols mentioned in this story: OEF, HD, AMZN, V Exchange traded funds (ETFs) trade just ...
Reports on McDonald's and Disney Help the Consumer Discretionary SPDR ETF
By Market News Video Staff, Friday, October 22, 11:10 AM ET
Analyst notes on both McDonald's (NYSE:MCD) and Disney (NYSE:DIS) are helping the Consumer Discretionary SPDR ETF (AMEX:XLY) this morning. Morgan Stanley commented that Disney could see earnings growth as high as 20% year-over-year and prompted the firm to increase its price target to $43 per share. And UBS increased its price target and EPS estimates on shares of McDonald's as sales growth is on pace to increase further. The firm set a new price target of $86 per share while maintaining its buy rating.
Disney and McDonald's are the top two holdings in the Consumer Discretionary SPDR ETF, accounting for more than 13% of the total portfolio. Rounding out the top five holdings are shares of Amazon.com (NASDAQ:AMZN), Comcast (NASDAQ:CMCSA) and the Home Depot (NYSE:HD). For a full list of this ETF's holdings, please visit the XLY Holdings page.
This Article's Word Cloud:AMEXAMZNAmazonAnalystComcastConsumerDiscretionaryDisneyHoldingsHomeMcDonaldMorganNYSERoundingSPDRStanleyaccountingcommentedcouldearningsestimatesfirmfivefullfurthergrowthhelpinghighholdingsincreaseincreasedlistmaintainingmorenotesoverpacepagepriceratingsalessharesharestargetthanthatthisvisitwhileyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.