Palo Alto Networks Enters Oversold Territory (PANW) Thursday, April 4, 4:28 PM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Noteworthy Friday Option Activity: PANW, PFE, INTC Friday, April 5, 1:22 PM ET, by Market News Video Staff Looking at options trading activity among components of the S&P 500 index, there is noteworthy ...
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Generac Holdings Inc Reaches Analyst Target Price Wednesday, April 10, 10:55 AM ET, by Market News Video Staff In recent trading, shares of Generac Holdings Inc (GNRC) have crossed above the average analyst ...
The best performing sector as of midday Wednesday is the Technology & Communications sector, higher by 1.2%. Within that group, Enphase Energy Inc. (NASDAQ:ENPH) and Palo Alto Networks, Inc (NASDAQ:PANW) are two large stocks leading the way, showing a gain of 18.4% and 6.3%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is up 1.2% on the day, and up 6.13% year-to-date. Enphase Energy Inc., meanwhile, is down 9.91% year-to-date, and Palo Alto Networks, Inc is up 23.10% year-to-date. Combined, ENPH and PANW make up approximately 1.3% of the underlying holdings of XLK.
The next best performing sector is the Industrial sector, up 1.1%. Among large Industrial stocks, Emerson Electric Co. (NYSE:EMR) and Generac Holdings Inc (NYSE:GNRC) are the most notable, showing a gain of 12.1% and 8.5%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 0.8% in midday trading, and up 2.58% on a year-to-date basis. Emerson Electric Co., meanwhile, is up 8.53% year-to-date, and Generac Holdings Inc, is down 1.51% year-to-date. Combined, EMR and GNRC make up approximately 1.8% of the underlying holdings of XLI.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, six sectors are up on the day, while two sectors are down.
Sector
% Change
Technology & Communications
+1.2%
Industrial
+1.1%
Materials
+1.1%
Financial
+0.5%
Services
+0.2%
Energy
+0.2%
Utilities
0.0%
Healthcare
-0.1%
Consumer Products
-0.2%
This Article's Word Cloud:AltoAmongChangeCombinedCommunicationsComparingConsumerDividendENPHETFsElectricEmersonEnergyEnphaseFinancialGNRCGeneracGiantsHoldingsIndustrialNYSENetworksPANWPaloSPDRSectorSelectTechnologyWednesdayapproximatelybasisbestdatedowngainholdingslargemakemeanwhilemiddayperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
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